Payday Advance Industry Changes Questioned
Payday cash advance lenders have begun to hound Rena McFadden’s husband, threatening to take him to court unless he quickly repays the more than $2,000 he owes.
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Georgia Takes More Steps to Bringing Back Payday Loans
Three years after they made Georgia the nation’s only state to specifically outlaw payday advance lending, state legislators moved another step toward allowing a return of the high-interest short-term lenders.
Vote Delayed on Utah Payday Loan Stores
Only one more Utah payday loan store might be allowed in Sandy if the suburb decides to shut its door to such businesses.
Democrats Vow to Limit Payday Advance Industry in Wisconsin
Democrats who control the state Senate promised today to put new limits fast payday advance lenders, which they called a growing industry that preys on the poor by charging interest rates that can amount to 500% or more.
Payday Loan Lenders Look to Self-Imposed Regulations
The payday cash loan lending industry, often under attack by consumer groups, rolled out a new list of best practices Wednesday at a time when Democrats in U.S. Congress have threatened more scrutiny over high-cost loan products.
Governor Will Make Changes to Virginia Payday Advance Bill
Governor Tim Kaine said today he would make “significant changes” to a package of Virginia payday loan lending industry reforms if the bill comes to him.
Arizona Payday Advance Bill Falters; Residents Defend Cash Loans
Vicky Greathouse needed cash when her mother-in-law passed away, but she said her longtime bank turned her away. The Glendale woman found help at a quick payday advance store.