Lawmakers in Virgina Debate Military Payday Loan, Cash Advance Legislation
As reported by WVEC, Navy sailor Nathaniel Crumsey and his wife moved from Maine to Norfolk. He got his first payday loan just to help his family catch up financially.
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Manitoba Passes New Payday Advance Regulations
Following in the financial footsteps of Nova Scotia, Manitoba has passed new legislation regarding payday loans.
Payday Loan Company Shows Support for New Legislation in Nova Scotia
Yesterday, we reported on new payday advance legislation in Nova Scotia.
More Must Be Done to Control Payday Loans
What does the editorial board of The Walla Walla Union-Bulletin think about payday loans? Here is a paraphrased answer:
Research Group Discusses Payday Advance-Like Holiday Loans, Recommends Avoidance
Two nationwide tax preparers are offering new loan products in time for the holidays, backed by future tax returns. To issue a loan, The Chicago Sun Times reports, tax preparers use pay stubs to estimate a customer’s tax refund.
Oregon Editoral Urges Closure of Payday Loan Loopholes
A recent editoral in The Bend Bulletin didn’t call for the end of payday loans in the state; but it did ask for a loophole in legislation to be closed. Here it is, paraphrased:
Nova Scotia Passes Payday Loan Legislation
The push for legislation in Nova Scotia on payday advances has come through.
Illinois Residents Warned About Payday Advance, Cash Loan Dangers
A new report is warning money-strapped Christmas shoppers NOT to be tempted by offers for fast cash this holiday season … or they could end up with a very unhappy New Year.