Lively AARP Meeting Focuses on Payday Loans, Cash Advances
There was yelling, accusations of falsehoods, cheap shots and threats to call the police.
Monthly Archive
Archive: September 2006
Ohio Credit Unions Offer Payday Loan, Cash Advance Alternatives
For a feature on the dangers of payday loans, The Dayton Daily News focused on Ora Houston of Trotwood.
Congress Reaches Agreement on Military Payday Advance Cap
An agreement reached in Congress would finally limit interest rates on cash loans to military service members.
Wisconsin Debt Counselor Discusses Payday Loans
A record number of people in Wisconsin are being lured in by the promise of fast and easy cash.
Advance America Responds to Lawsuit
Advance America, the nation's largest provider of cash loan services, says it intends to vigorously defend itself against a lawsuit filed by the Pennsylvania Department of Banking alleging the company is providing lines of credit to…
Pennsylvania Officials Encourage Alternatives to Cash Loans
The Philadelphia Inquirer reports that Pennsylvania officials want mainstream lenders to do what they try to discourage check-cashing agencies and payday lenders from doing:
Understanding the Basics of a No Fax Payday Loan
You probably see the ads everywhere: Receive a faxless payday loan today! No credit checks required and quick deposits every time!
Rhode Island Regulators Reject Payday Loan Store Application
According to The Providence Journal, state regulators this week denied an application from a national chain, Check 'n Go, to open a store in the Olneyville neighborhood.
Cash Loan Store Donates Money to School
Based on the interest rates they charge, most cash advance companies and stores earn a profit. While critics have a problem with this scenario, some of that money is often used for good.
Nation’s Biggest Payday Advance Lender is Sued
Mere days after seemingly making the proper PR move and halting payday advances to the military, Advance America is facing a public relations nightmare.