Pennsylvania Officials Encourage Alternatives to Cash Loans
The Philadelphia Inquirer reports that Pennsylvania officials want mainstream lenders to do what they try to discourage check-cashing agencies and payday lenders from doing:
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Pennsylvania — Page 2
Nation’s Biggest Payday Advance Lender is Sued
Mere days after seemingly making the proper PR move and halting payday advances to the military, Advance America is facing a public relations nightmare.
Editorial Thanks Exiting Banking Secretary for Payday Loan Efforts
As Pennsylvania Banking Secretary, William Schenck, resigns, the Centre Times Daily thanks the appointee for two and a half years of hard work. The followig paraphrased editorial especially focuses on his efforts to curtail the instant…
Pennsylvania Consumer Advocates Rail Against Advance America’s New Line of Credit
"This is just another cynical attempt to circumvent the Pennsylvania small-loan cap that prevents companies from fleecing state consumers."
Is It the End of the Line for Payday Loans in Pennsylvania?
The Pittsburgh Post-Gazette is not exactly confident about the future of payday loans in Pennsylvania. After seeing two of the major cash advance ldners in the state exist, it would be difficult to argue with this point of view.
Pennsylvania Shelves Bill to Legalize Payday Loans
Payday loan companies in Pennsylvania have take a hit, as a bill that would have increased the proliferation of the cash advances in the state, according to the Philadelphia Inquirer.
Dollar Financial Expands Canadian Payday Loan Business; Adds $16.8M in Revenue
The Dollar Financial Group has acquired 11 payday loan stores in western Canada and will soon complete deals for two more in the region, the Philadelphia Business Journal said Monday.
Advance America Lending Bank to Cease Payday Loan Lending
After rumors that Advance America would be forced to put a halt to its payday lending in Pennsylvania, an agreement on the matter has finally been reached: its lending bank will stop its payday loan originations at 101 centers in…
Advance America Confident About Future of Its Cash Advances
It hasn't been the best week for Advance America.