Credit Given to Government for Quick Payday Loan Law
The Canadian Payday Loan Association (CPLA) recently credited the federal government for moving swiftly to allow provinces the authority to regulate the cash advance industry.
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Rising Concerns, Facts About Debt Explain Payday Loan Popularity, Use
As recent reports show, more and more Americans are applying for regular and faxless payday loans. What accounts for such popularity?
Legislation Considered on Iowa Payday Loans, Car Title Loans
Iowa Democratic leaders are joining with Attorney General Tom Miller in pledging to pass new restrictions on car title loans, while also considering such acts in the face of increase payday loan use.
Wichita Legislator Looks to Cap Rates on Payday Advances, Cash Loans
A Wichita legislator wants to place a cap on the interest charged by faxless payday advance and car title loan stores - an annual rate that is currently as high as 390 percent a year.
Debate Continues over Popularity of Washington Payday Loans
Despite interest rates that can range close to 400 percent, thousands of Washington state residents are flocking to instant payday loan outlets for quick cash.