Panel Approves Oregon Payday Advance Cap
A Senate committee approved two bills Wednesday afternoon that would block attempts by providers of payday loans and car title lenders to circumvent new caps on high interest rates.
Monthly Archive
Archive: May 2007
Payday Loan Report from Across the Nation
Payday advance lending has become a multibillion-dollar industry and is growing online, according to Stephens Inc., a Little Rock brokerage research firm. According to a recent report:
Immigrants Likely Victims of Payday Loan Abuses?
Illegal immigrants could fall prey to loan sharks and other unscrupulous quick payday loan lenders if they have to pay $5,000 in fines and thousands more in fees and back taxes as required under the immigration reform measure now before…
Let Borrowers Make Own Payday Advance Decisions
Pretend for a moment that — like most Arizona residents — you make enough to make ends meet but haven’t accumulated much in the way of savings or assets.
The Nemesis of Payday Loans in Virginia
As faxless payday loan lenders have flourished throughout Virginia, they’ve had to fend off opponents from nonprofit groups that advocate for the poor at the General Assembly.