Payday Loan News

Oversight for Thriving Payday Lending Unclear in Financial Reform – NewsHour


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Oversight for Thriving Payday Lending Unclear in Financial Reform
NewsHour
An estimated 19 million people took out payday loans from some 22000 outlets last year, generally paying 400 percent or more interest on small,
Finance Reform Bill May Exempt Payday LendersNew York Times (blog)
US Sen Corker: no exemptions in new watchdog billReuters
Fight to Overhaul Bank Rules Enters New StageWall Street Journal
Huffington Post (blog) -MarketWatch -National Journal (blog)
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Debit Payday Loans: loans with no credit checks – BigNews.biz (press release)


Live-PR.com (press release)
Debit Payday Loans: loans with no credit checks
BigNews.biz (press release)
Debit card payday loans are the best and quickest source of money that you can solve their own economic needs. Does not need credit checks Payday loans
Same Day Payday Loans – Borrow Money in Less than 24 Hours with No Credit CheckSubprime Blogger (blog)
Payday Loan Blamed For Ruining Man's FinancesToday’s TMJ4
Internet and Websites : Instant Online Payday Loans No Credit Check by Bob MooreSkyNewswire.com
Prfire (press release) -DailyFinance -Online PR News (press release)
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Community Lenders Question Focus of Consumer Credit Reform – PYMNTS.com


TPMMuckraker (blog)
Community Lenders Question Focus of Consumer Credit Reform
PYMNTS.com
Payday loans are well-regulated by the states and adhere to strict industry best practices.” A comparison of credit industries in the US in 2008,
High-Living Pay-Day Lender CEO Tied To Bid To Weaken Financial ReformTPMMuckraker (blog)

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Costly Cash: In Texas, Towns Try Zoning Out Payday Lenders – DailyFinance

Costly Cash: In Texas, Towns Try Zoning Out Payday Lenders
DailyFinance
Texas is actually a sort of Ground Zero for the payday-loan business. Most of the largest operators are headquartered there: First Cash Financial Services

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The CFPA Won’t Have Power Over Payday Lenders? – Atlantic Online (blog)

The CFPA Won't Have Power Over Payday Lenders?
Atlantic Online (blog)
If any type of firm appears to be guilty of usurious loans, it's nonbank, nonmortgage finance companies that dole out payday loans and the like.

Lending business v. Plain old usury: Notes from the Colorado payday hearing – The Colorado Independent

Lending business v. Plain old usury: Notes from the Colorado payday hearing
The Colorado Independent
He said that although he has wrestled with the ethics of the high cost of the payday loans, he is swayed by business considerations.
Bill slashing payday-loan interest clears panelDenver Post
Payday lenders: loan sharks or endangered species?Fox 31 KDVR.com
Payday loans draw controversy at State Capitol9NEWS.com
The Colorado Independent
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Military Families Targets of Predatory Lending – Huffington Post (blog)

Military Families Targets of Predatory Lending
Huffington Post (blog)
According to Warszawski, when people patronize check-cashing outlets, payday lenders or pawn shops looking for quick loans to tide them over,

Of payday loans and pot laws – Grand Junction Sentinel

Of payday loans and pot laws
Grand Junction Sentinel
I am not sure what it says about a state where it's easier to distribute marijuana than it is to make a payday loan, but I guess we're going

How to Deregulate Our Way to Better Payday Lending – Seeking Alpha (blog)

How to Deregulate Our Way to Better Payday Lending
Seeking Alpha (blog)
By Adam Ozimek The proposed Consumer Financial Protection Agency was supposed to regulate payday loans – those extremely high interest rate short term loans

Payday loan debt traps – Baltimore Sun

Payday loan debt traps
Baltimore Sun
For more than a quarter-century, Maryland has capped the interest rates for short-term consumer loans and has kept the storefront payday lenders and their
BBB warns: Online payday lenders claim laws don't apply to themMyWestTexas.com
Arranging For Funds Not a Problem NowThe Open Press (press release)

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