News About the Ever-Changing Payday Advance Industry
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The Toronto Star reports that this week was not a good one for National Money Mart, a Canadian company that sells itself as a convenient means for real people to get fast cash.
The Washington State Legislature is rebuffing efforts by the military and consumer advocates to impose tighter regulations on payday loan firms, according to today's Tacoma News-Tribune. Fifteen bills aimed at payday cash loan regulation…
Now that payday loans are essentially eliminated from the state, where will residents of North Carolina turn for quick cash needs?
Quick cash is easy to get in Missouri. But it's not cheap.
Greg Oder represents the 94th District in the Virginia House of Delegates. In an unusual move, he struck down his own payday loan bill last month.
The Federal Deposit Insurance Corp. is at it again. The organization has pressured Republic Bank & Trust Co. to get out of the business of payday loans and cash advances.
The City Council of Gresham, Oregon will not regulate payday loan interest rates but is considering placing restrictions on terms and conditions, according to the Oregonian. With an estimated 14 payday lenders scattered across strip malls…
After pondering the issue of whether or not to require a quarter-mile between payday loan stores in the state, the City Council voted unanimously Tuesday to limit where these institutions can do business.
The office of the Arkansas Attorney General is suing a Jonesboro, Ark., payday loan business and asking a judge to shut down the operation for charging interest rates as high as 520 percent.
Another state has tightened up restrictions on payday loans - so much so, cash advances may not even exist in North Carolina anymore. The three major payday loan lenders still operating in there are about to close their doors for good.