Students Take Action Against Payday Loans
As the popularity of faxless payday loans increases in South Carolina, more and more consumer groups are taking action against these cash advances.
Monthly Archive
Archive: April 2006 — Page 3
Oregon Governor Wants to Crack Down on Check Cashing, Payday Advance Services
It looks like Governor Ted Kulongoski may be listening to those who want to see regulations on payday loans and other industries that prey on consumers. The governor said he'll propose a bill next year to limit charges by Oregon…
Always Avoid Rolling Over Payday Loans
What do you do if you've rolled over your payday loan and just find yourself fighting an uphill battle? Ruby and Ronald Stoker of Junction City, Oregon, got into trouble when they took out a payday loan for $700, according to the Oregon…
New Site Advises Navy Members Against Payday Loans
You’ve read about military payday loans and why they’re often considered detriments to those hoping to benefit from them. The Navy has recently launched a website echoing this sentiment.
Wisconsin Payday Loan Industry Grows, Legislation Looks Unlikely To Pass
Efforts to regulate the growing Wisconsin payday loan industry are going nowhere, and a new proposal in the State Legislature isn’t likely to do anything to break the impasse, reports the Milwaukee Journal-Sentinel.
Editoral Urges Oregon Legislation to Take Payday Loan Action
A recent editorial in The Oregonian has a message for the state legislature: it is possible to focus on multiple issues at once. While Governor Ted Kulongoski is urging the Legislature to “limit its attention” in an April 20 special…
Arkansas Gubernatorial Candidate Not Big Fan of Payday Loans
The Arkansas legislature may not be prepared to fully eliminate payday loans from the state yet, but Republican gubernatorial candidate Asa Hutchinson said last week that he would lead efforts to repeal Arkansas’ payday lending law if…
Lower Loan Loss Rates Mean Bigger Earnings Than Expected For Cash America International
Cash America International, Inc., announced expected earnings of more than its initial estimates, according to a news release. In the first quarter of 2006, the company experienced higher levels of retail sales and stronger profit margins…
Payday Loan Practices, Payday Advance Lenders the Focus of Illinois Legislation
Recent allegations against the Payday Loan Store of Illinois Inc. are merely the latest step in an effort by the state to reform short-term payday loan lending practices.