Financial Experts Warns Against Predatory Payday Cash Advance Lending
A loan to buy a house or pay for college is one thing, but there are other loans borrowers should never, ever take, warns financial author and radio host Dave Ramsey.
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Critics Call Out Lax Utah Payday Loan Policy
This was supposed to be the year that consumer advocates were going to persuade the Legislature to clean up the Utah payday loan industry.
Editorial Criticizes Virginia Payday Advance Ruling
The following is a paraphrased editorial from The Daily Press in Virginia:
Texas Payday Loan Report: Loopholes Could Be Tighter
Texas has laws prohibiting payday advance loan lenders from charging high interest rates. It just doesn’t look that way.
Despite New Campaign, Payday Advance Lenders Under Fire
Soft music plays in the background of a new TV ad campaign as it urges viewers to only use cash loans for emergencies. One scene shows a broken-down car. Another depicts a young boy in a doctor’s office, his arm in a sling.
Iowa Supreme Court Rejects Payday Loan Law Challenge
The Iowa Supreme Court rejected a challenge to a state law that allows payday loans with annual interest rates more than 300 percent.
Arkansas Payday Advance Bill Falls Short
A bill to hold Arkansas payday loan lenders to the state usury limit stalled in the Senate Insurance and Commerce Committee when only one of the committee’s eight members voted for it.
Editorial: South Carolina Payday Loans Run Counter to Bible
The following, paraphrased editorial is courtesy of The State:
Provincial Payday Advance Regulation Pushed in Canada
Local MP Colin Carrie is working with his government to push provincial regulation of the no fax payday loans industry.