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paday loqnPayday loans have an awful reputation for charging four-figure interest rates for those with the least cash. Being seen as not too divorced from loan sharks, can there be any benefits? Daniel Barnes investigates. Tough times Research from the Post ... Read more
Payday loans: Is it ever sensible to pay 2,000%? - MyFinances.co.ukOhio supposedly rid itself of payday loans. But visit just about any storefront that used to offer the short-term, high-cost loans, and you will find a mighty similar product. It's just not called a payday loan anymore. "With the state law changing ... Read more
Payday lending clones still charge triple-digit rates: Plain Dealing ... - Cleveland Plain DealerCanadian-based payday loan company Cash Store has reported a "stellar" quarter with branch revenue and overall net income up over the previous year. "So far, we haven't noticed any impacts from the economic downturn," said Cash Store Financial senior ... Read more
Payday loan business booms - Edmonton SunPublic records show the payday lending industry spent nearly $300,000 in 2008 in political donations and on lobbyists as the General Assembly sought to regulate the short-term, high-interest loans that have been banned in other states. Payday lenders ... Read more
Payday lenders ante up - The StateBillie Kroeker and her husband once chased easy payday loans with more loans. They fell into bankruptcy when their financial hole became too deep. Now, she and some consumer advocates worry that more Americans will have similar experiences because of ... Read more
Brother, can you spare a payday loan? - Daytona Beach News-JournalOhio supposedly rid itself of payday loans. But visit just about any storefront that used to offer the short-term, high-cost loans, and you'll find a mighty similar product. It's just not called a payday loan anymore. "With the state law changing, it ... Read more
SEE ALL OF TODAY'S STORIES » - Cleveland Plain DealerCOLUMBIA — South Carolina lawmakers are considering restricting or even banning so-called live checks — those unsolicited mailings that require only a signature to be cashed at the bank. Opponents said the mailings are ripe to use in identity ... Read more
So-called live checks under fire - Charleston Post & CourierCOLUMBIA, S.C. — South Carolina lawmakers are considering restricting or even banning so-called live checks — those unsolicited mailings that require only a signature to be cashed at the bank. Opponents say the mailings are ripe to use in ... Read more
S.C. debates banning live checks - Fayetteville ObserverDoes a cap of 100 percent annual interest on loans sound high? Payday lenders argue it would be too low for them to make enough money to stay in business. But Rep. Laura Black, D-Sandy, is pushing such a limit anyway, saying she has seen too many ... Read more
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