Payday Loan Business Article

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payday loan business

Tampa Bay Online - These people always get paid, rain or shine," says William Harrod, a former manager of payday loan stores in suburban Virginia and Washington, D.C. Business, Page 6 •An analysis of data from the U.S. Department of Housing and Urban Development shows ...

High-Interest 'Payday Loans' Trap Elderly, Disabled

Poughkeepsie Journal - Business ... The loans are called “refund anticipation loans� and usually are offered by so-called payday loan vendors. Schumer, in a ...

Schumer: Beware of payday loan vendors

Baltimore Sun - ... that this will provide lower interest rates to a segment of the population whose only option now is maybe to get a payday loan ... Worse, the information could make some consumers "targets of abusive lenders of all stripes," he said. more in /business ...

A different way to size up credit

Glasgow Daily Times - I want to applaud Rep. Johnny Bell’s efforts in filing a bill to impose more restrictions on the payday loan business. A recent study done by an advocacy group called Kentucky Youth Advocates say the short-term, high-interest loans cost Kentuc ...

To the Daily Times

Newton Kansan - Several years ago, the state passed a law where people only could have two loans per business establishment. However, as more payday loan businesses are opened, those in the cycle can get more loans. In the past, there was a cap on the interest rate ...

Group wants payday loan restrictions

HamptonRoads.com - I have a feeling that’s going to close about a third of the payday loan shops operating in Virginia," Saslaw said of the bill's provisions. Since lawmakers liberalized payday lending laws in Virginia in 2002, about 800 stores opened for business. In ...

Senate committee passes bill restricting payday lending

Lynchburg News and Advance - If reforming the payday loan industry is better than getting rid of it altogether, the House of Delegates has ... Industry lobbyists have vigorously opposed the House bill, saying it would dramatically alter the business model and possibly drive payday ...

Compromise That's Needed for Paydays

Denver Business Journal - Denver Business Journal Print Article Email Article Reprints RSS Feeds Add to Del.icio.us Digg This Borrowers took out nine payday loans on average in 2006, at an average annual interest rate ... loans" given to a borrower the same day that the previous loan ...

Bell Policy Center tracks payday borrowing

WebWire - Research finds geographic link between conservative Christian population and high-interest loan locations Payday lenders, creditors ... When the Christian Right allied itself with conservative Wall Street business interests in the 1980s and early ‘90s ...

U Of U Professor Coauthors Study Mapping Correlation Between Christian ...

San Francisco Examiner - Speer and other payday-loan opponents said the most vulnerable borrowers won't take advantage of the extended payment plan ... Although initially calling the bill "industry-driven and business as usual," Sen. Mamie E. Locke, D-Hampton , voted in favor ...

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