Pennsylvania Organizations See Other Side of Payday Loan Lending
There are some organizations in Pennsylvania, such as The Ludwig Von Mises Institute, which support faxless payday loans and oppose the government regulation of it.
Monthly Archive
Archive: July 2007
Utah City Considers Cap on Payday Advance Loans
Orem city officials have put a cap on the number of payday advance lending stores they will accept in their city, hoping to limit the opportunities for residents to become buried under loans with annual percentage rates as high as 800…
Payday Loans Fuel Cash America Gains
Revenue growth for payday loans, including those extended over the Internet, helped Fort Worth-based Cash America International rack up a 19 percent increase in net income for the second quarter.
Electricity Provider Severs Ties with Payday Loan Company
UniSource Energy Services, the electricity provider in Nogales, has announced plans to eliminate the option for customers to pay in cash at ACE Cash Express locations.
Christians: Payday Loans Can be Useful in an Emergency
ChristiaNet.com, the world’s largest Christian portal with twelve million monthly page loads, conducted a new poll by asking the question, “Are payday loans a temporary fix to a crisis?”
Payday Loans: A Military Matter
In January, Maj. Gen Mike Lehnert, commanding general for Marine Corps installations west of the Mississippi, asked the Oceanside City Council to do something about bad credit payday loan lenders who charge high interest rates to members…
Blue Springs to Draw Line on Missouri Payday Advances
Blue Springs is on its way toward regulating faxless payday loan offices.
Do North Carolina Banks Foster Need for Payday Loans?
Two of Charlotte’s economic giants, Bank of America and Wachovia, bankroll some payday advance loan lenders - the same lenders whose operations high-ranking officials found so distasteful that they drove them from the state.
Ohio Payday Loan Lenders: Helpful or Harmful?
After successfully tackling predatory Ohio mortgage lending, advocates for the poor are taking aim at payday lenders whose numbers have grown more than tenfold in ten years - from 107 in 1996 to 1,562 in 2006.
Arizona Payday Advance Fraud Uncovered
Police believe a man arrested at a Chandler payday loan store this week had developed a scheme to cash checks using fake pay stubs and accomplices posing as his employees.