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payday advance loanWashington Post - Lenders offer a cash advance of a few hundred dollars backed by the borrower's next paycheck, charging fees ... Saslaw and the lending industry's other champions say that if borrowers are unable to turn to payday lenders, they'll go to the loan shark ... Read more
Payday ParasitesLynchburg News and Advance - Lynchburg News & Advance ... If reforming the payday loan industry is better than getting rid of it altogether, the House of Delegates has come up with a ... Read more
Compromise That's Needed for PaydaysPoughkeepsie Journal - Clearly, it is not the intent of Congress that a payday lender, tax preparer, or other entity would offer that family $1,600 in April in exchange for the $2,100 check one month later. Such an ‘advance’ of the rebate would represent a loan at an ... Read more
Schumer: Beware of payday loan vendorsMid-Hudson News Network - Senator warns of scammers trying to take advance of tax rebates Washington – President Bush signing ... The New York senator said he would lead a bi-partisan effort to crack down on those loans and called on payday loan ... Read more
Senator warns of scammers trying to take advance of tax rebates The Money Times - FCFS), Advance America (NYSE: AEA), and EZCORP (Nasdaq: EZPW) have been successful because they have already been meeting the needs of the unbanked. Although a payday loan typically requires a customer to have an existing bank account -- the borrower ... Read more
Putting the Unbanked in a ChokeholdConcord Monitor - Terry Roy, who owns Main Street Payday Advance in Concord, said she believes legislators would meet the industry somewhere in ... day extended payment plan to borrowers with no additional interest, and prohibit them from taking out another payday loan ... Read more
Lenders want to alter bill Wall Street Journal - ... Harrod, a former manager of payday loan ... estimate that payday loan volume has climbed to about $48 billion a year from about $13.8 billion in 1999. Most payday lenders are small and privately held. The biggest publicly traded company is Advance America ... Read more
SOCIAL INSECURITY High-Interest Lenders Tap Elderly, Disabled dBusinessNews.com - OMAHA -- URON, Inc. today announced its strategy of becoming a premier payday lender in the high growth cash advance industry through acquiring branch locations providing short-term consumer loan products, particularly payday and title loans ... Read more
Latest NewsMSNBC - FCFS), Advance America (NYSE: AEA), and EZCORP (Nasdaq: EZPW) have been successful because they have already been meeting the needs of the unbanked. Although a payday loan typically requires a customer to have an existing bank account -- the borrower ... Read more
Putting the Unbanked in a ChokeholdStaunton News Leader - ... of Colored People and Augusta Coalition for Peace and Justice paced the sidewalks outside of Allied Cash Advance and Fast Payday ... I know there's a lot of black people and white people using the payday loan system and getting trapped for life," said ... Read more
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