News About the Ever-Changing Payday Advance Industry
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Arizona’s major utilities have ended a longtime practice of allowing customers to drop off electric and gas payments at cash advance payday loan centers after a Phoenix community action group brought the matter to light.
Payday advance loans are becoming an increasing burden on the purse strings of the poorest families, a new survey conducted by consumer information site cashdayadvance.net suggests.
Claiming they are protecting consumers, lawmakers in Nevada, New Mexico and Oregon recently have clamped down on the short-term, high-interest fast payday loan lending industry, blaming it for saddling residents with dangerous levels of…
Ward Scull, a Newport News resident, and Mike Lane, a Gloucester resident and former deputy commissioner of U.S. Customs, are co-founders of Virginians Against Payday Loans (VAPL). They wrote the following to the Virginia Daily Press: