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short term payday loanArizona 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 ... Read more
Bill delays payday-loan ban by 2 years 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 ... Read more
To the Daily TimesNashua Telegraph - Senate urged to back payday loan legislation This week, the New Hampshire Senate is expected to vote on HB 267 ... Payday lending – the giving of short-term loans using post-dated checks or pay stubs as collateral – is a practice that harshly impacts ... Read more
Senate urged to back payday loan legislationWJLA - ... of payday lending reform that would protect those who get trapped in debt but leave the small, short-term ... Like the House version, the bill would create a database to track payday loans and limit borrowers to one loan at a time. It also would allow ... Read more
Virginia Senate Introduces Payday Lending Reform LegislationTimes Herald-Record - Schumer said the practice is similar to so-called "refund anticipation loans" that are high-cost, short-term loans taken out ... Schumer said he had called on payday-loan vendors and major tax preparers not to offer "instant rebates" on the government ... Read more
Scam artists target rebatesRoanoke Times - They both establish a statewide database to prevent borrowers from taking out more than one loan at a time. They both limit the methods that payday ... rate, without authorizing other fees, or repealed the 2002 act that allows lenders to offer short-term ... Read more
Progress made at midpoint of General Assembly sessionHampton Roads Daily Press - It gives borrowers twice their pay periods to repay the loan. For the ... The payday lending industry says most borrowers use the loans responsibly, taking them out only for short-term needs. The industry says people can take out more than five loans ... Read more
Senate seeks to soften the blow on lendersWall Street Journal - These people always get paid, rain or shine," says William Harrod, a former manager of payday loan stores in suburban ... deposit, Social Security recipients could now more easily pledge their future checks as collateral for small short-term ... Read more
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Same Day Loans Do Not Let You Wait For The Cash You NeeddBusinessNews.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
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