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Argus Leader - More and more citizens are finding financial disaster at payday loan shops offering quick cash and staggering interest rates and fees. Despite support from nearly 90 co-sponsors, a bill to cap the interest short-term lenders can charge died in the ...

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Cap interest rate on short-term loans

Arizona Daily Star - McClure acknowledged that there has been a gap in the past, with the short-term loans being the only way some people had to get quick cash for emergencies or just items they want. But she said both banks and credit unions now are stepping up and ...

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Bill delays payday-loan ban by 2 years

North County Times - ... Marines have begun in the last year to build up a cushion of savings that will allow them to avoid relying on quick cash ... Payday-loan critics also point to a new initiative by Gov. Arnold Schwarzenegger to help low-income workers set up bank accounts ...

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Advocates dig in against high-interest loans

Denver Post - "I still believe that they are the new loan sharks of the 21st century," she said. Stories of quick cash and high interest rates like Medlock's are driving legislation at the Capitol this year to sock it to "predatory lenders." "Not even the mob can ...

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Lawmakers irate over payday rates

Austin American-Statesman - This will increase the purchasing power of the majority of the population immediately after the next payday, without ... This does make business sense for some “new” property owners looking to make quick money, and for the City of Austin ...

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Your View

Wall Street Journal - Clinton campaign spokesman Howard Wolfson suggested the loan the candidate gave ... The Obama campaign was quick to blur the distinction between his and hers ... His potential payday from those two funds went up markedly in the last six months ...

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Family's Wealth Draws Attention

AccessAtlanta - ... so thankful I had backup money. Every woman should have a little stash of money hidden. It used to be called “Mad money” but now it’s Smart money……get yourselves a savings account that only you know about!!! And pay yourself every payday

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Misadventures in Atlanta

Deseret News - "Payday loan" stores say most customers of their 500-percent-or-so-interest loans can afford them. Ads call them "hassle-free" or "quick and easy." But payday lenders have sued nearly 27,000 Utahns for nonpayment since 2005, Deseret Morning News ...

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Lawsuits by payday lenders swamp courts

Common Dreams - That would be a good payday even for the Wall Street crowd. Of course, the bank will take a big hit, since it will not be able to recover anything close to its original $400,000 loan, but that is not the ... yet, click here to register. (It's quick, easy ...

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These Loans Were Made for Walking: The End of the Subprime Crisis

Common Dreams - Payday loans, rent-to-buy furniture and exorbitant credit card interest rates for the poor were just the beginning. In its May ... Dubyuh’s great economy story is starting to wear a little thin now that the “Sub-prime”-(read garbage loan) crisis is ...

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