Oregon Governor Offers Payday Loan Protections
We recently discussed ways in which some in Mississippi are trying to divert consumers from the use of cash advances.
News About the Ever-Changing Payday Advance Industry
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We recently discussed ways in which some in Mississippi are trying to divert consumers from the use of cash advances.
Congressional negotiators have chosen to protect military paychecks instead of argue over jurisdiction: they've agreed to include a 36 percent cap on cash loan interest rates and fees in the 2007 defense authorization bill.
In this week's Hattiesburg American, Tawnya Crockett talks about alternatives to payday loans. Let's look at them:
Republican state Senate candidate Don Stout called it "ridiculous and hypocritical" for state Sen. Lowell Barron to lead a reform effort against payday loan operations … when Barron himself owned more than 20 outlets until recently.
Having seen what other Wisconsin cities, such as Racine, have done about payday loans, the city of Wausatoas has placed a one-year moratorium on the businesses. During that time, it will consider measures that restrict cash advance stores…
As debate over military payday loan use has raged on in Congress, the House did sign off on legislation to protect U.S. military personnel from abusive sales of overpriced life insurance and investments - but the cash advance issue…
A recent opinion piece in The Orlando Sentinel certainly didn't hide from how it felt about the issue of payday cash loans to the armed forces. Here it is, paraphrased:
Considering the allegations surrounding Congressman Geoff Davis - such as the claim that his objected to the proposed military payday loan amendement is corrupt - it's a good thing he's chosen to speak up.
People can change. Or people can wish to be re-elected as a senator from Alabama. Either way, a recent editorial in The Birmingham News suggests that others should get behind Lowell Barron (pictured).
This week's acquisition of CashNetUSA by Cash America International was symbolic across the payday loan industry.