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Opponents say the bill puts undue regulation on the industry. State Rep. Gary Elkins, who has a payday loan business, said the consumer already has enough information and that the new regulation would be burdensome.

House approves new rules on payday loans - KFDA

The amendment in question, offered by Rep. Bob Gardner , R-Colorado Springs, stated that payday lenders could keep origination fees on each loan they make. The lending industry was regulated by legislators last year. Proponents of the amendment said the ...

GOP payday-loan amendment could imperil rules bill - The Business Journal

Another measure that would impose more oversight and stiffer regulations on payday lenders led to the most heated debate in the House among Republicans. In the end, Republicans arguing against stricter regulations -- including a legislator whose business ...

Spanking, payday loan bills move on in Texas House - El Paso Times

End the practice of payday lenders marketing loans outside state MHMR (Mental Health and Mental ... Some politicians believe regulation of any kind is bad for business. "The market will naturally force adjustments as borrowers make choices in loan product ...

Let’s help vulnerable by regulating payday loans - Houston Chronicle

Hitchcock said he never sent the banking information Payday Loan Yes asked for, but a week later ... click on Oregon's Department of Consumer & Business Services Web site and then go to the consumer page.

OR complaints filed against Payday Loan Yes - msnbc.com

That comes after the Better Business Bureau in Utah revoked FloBridge’s membership ... FloBridge’s website on Friday was offering payday loans at 664.84 percent annual interest. For a two-week loan of $100, that would cost $25.50.

Missouri sues Utah payday lender - Salt Lake Tribune

WACO (May 10, 2011)—Police were looking for two men Tuesday evening after an armed holdup at a North Waco payday loan business. The two robbers, who were dressed entirely in black, struck Texas Car Title & Payday Loan, Inc., at around 3:35 Tuesday at ...

Armed Robbers Strike Local Payday Loan Business - KWTX

Payday loans are made for terms of 14 to 31 days ... By limiting fees and interest, that can be cut dramatically without putting lenders out of business, she said.

Senators: Next session for payday loans - Columbia Daily Tribune

Overdraft fees and payday loans are widely reviled by consumer advocates, who view both as unfair and deceptive products that directly target the poor. But they are also big business -- both overdrafts and payday lending represent multi-billion-dollar markets

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