Bill Aims to Extend Arizona Payday Loan Payment Deadlines
Arizonans who take payday loans would get more time to pay them back without financial penalties under the terms of legislation given preliminary House approval Monday.
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Arizonans who take payday loans would get more time to pay them back without financial penalties under the terms of legislation given preliminary House approval Monday.
In El Paso, where 200,000 people live below the poverty line, it costs more to be poor. Strapped for cash, but without good credit or an another alternative, many low-income El Pasoans regularly turn to faxless payday loans.
State regulators are willing to discuss with legislators the activities of payday cash advance lenders - but are not planning to push any specific bills this year.
You’ve seen them dotting business loops and adorning strip malls.
After being scammed by a remodeling contractor several months ago, Yolie Garcia, 30, needed money to help care for her three children and make mortgage payments. Because of her bad credit, she took out a $500 payday loan, expecting to…