Payday Loan Times

News About the Ever Changing Payday Advance Industry

Lobbying by Payday Lenders Finally Pays Off

Filed under: Regulation — Ryan Fiore at 7:06 pm on Thursday, April 2, 2009

Democrat Representative Luis Gutierrez says that while his bill does have some crucial protections for borrowers it will be the best deal he can manage in the face of the industry’s aggressive lobbying. (Read on …)

Idaho Senate Passes Regulation to Stop Unlicensed Payday Lenders

Filed under: Idaho, Regulation — Danielle Mason at 1:07 pm on Friday, March 27, 2009

The Idaho State Senate has approved new legislation which requires any payday loan company doing business in Idaho to be licensed to do business in the state of Idaho. (Read on …)

South Carolina House Passes Payday Loan Legislation

Filed under: Regulation, South Carolina — Ryan Fiore at 3:46 pm on Thursday, February 12, 2009

South Carolina legislators gave overwhelming key approval to a bill aimed at preventing residents from being trapped in a cycle of debt through payday lending. (Read on …)

Stricter Payday Loan Regulation in Sight For Montana

Filed under: Montana, Regulation — Ryan Fiore at 4:05 pm on Tuesday, February 10, 2009

The general consensus among consumer advocates is that payday loans need stricter regulation. (Read on …)

Payday Loan Companies Investing In Pawn Shops

Filed under: Ohio, Regulation — Ryan Fiore at 2:22 pm on Tuesday, February 3, 2009

As stricter regulation keeps being released, payday lenders have been investing more in their pawn operations. (Read on …)

Virginia Sends a Signal to Payday Lenders

Filed under: Regulation, Virginia — Ryan Fiore at 12:40 pm on Monday, February 2, 2009

The Virginia Senate unanimously passed a bill Friday that that would fix a loop hole that was opened to payday lenders starting January 1st. (Read on …)

South Carolina House Subcommittee Passes Payday Loan Regulation

Filed under: Regulation, South Carolina — Ryan Fiore at 9:43 am on Wednesday, January 28, 2009

The bill that puts restrictions on payday lenders in South Carolina that was being debated yesterday passed unanimously. (Read on …)

Lawmakers Debate Payday Lending Problems

Filed under: Regulation, South Carolina — Ryan Fiore at 5:04 pm on Tuesday, January 27, 2009

Today South Carolina lawmakers debated new regulations that could change the way you get money from payday loans or if you can get it at all. (Read on …)

Virginia Bill Cracks Down On Payday Lenders

Filed under: Regulation, Virginia — Ryan Fiore at 5:18 pm on Thursday, January 22, 2009

Senate legislation introduced today was designed to tighten down on payday lenders who were getting around the new regulations that took effect January 1st. (Read on …)