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patday loans A lobbyist is defined by Webster’s as “a person, acting for a special interest group, who tries to influence the introduction of or voting on legislation or the decisions of government administrators.” Sounds simple, but the devil is in the ... Read more
Lobbying the legislature: Did payday lenders waste their money? - Anderson Independent-MailSome officials say Ohio's payday loan law needs reworking to close loopholes that are allowing lenders to continue charging triple-digit interest. Loans that had carried annual interest rates of up to 391 percent were capped at 28 percent under the ... Read more
Some Say Ohio Payday Lending Law Needs Reworking - WTOV 9Some state lawmakers plan another run at payday lenders because stores are operating much the same as they did before the legislature approved tough regulations last year. After weeks of legislative debate on what became the new law and a failed ... Read more
Lawmakers consider beefing up payday law - Columbus DispatchThere are times in between two successive paydays that you may need some extra cash to pay heed to some unplanned expenses. These expenses may be anything from clearing off some small bills to paying for the medical attention. Payday loans are ... Read more
Payday Loans are apt Small Cash Solution during Urgencies - Best SyndicationA bill that would have banned payday lending in South Carolina loomed on the state Senate’s calendar last year. Today’s story is the first in a three-day series on payday lending that shows how the industry fought back from the brink of being ... Read more
Lawmakers vs. payday loans: ’08 vote was a turning point - The StatePayday 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.ukIt is a common fact that you can not retain the whole salary for the whole month. You may need something to do in the mid month also and that time, you may not have the money. At this juncture you can think of taking the funding form lenders. Well ... Read more
Bad Credit Payday Loans: For Financial Exigencies in Mid-Month - Best SyndicationTHE HISTORICALLY more conscientious, deliberative Senate must rescue consumers from a flimsy payday lending bill hastily passed by the House that would solidify payday lenders’ grip on our state. The House bill would do nothing to stop payday ... Read more
Senators must protect consumers, not payday lenders - The State"You're at their mercy," he said. "You sink deeper and deeper into a state of failure, not being able to cover your expenses. I'm trying to never go back to them again." Across town, Victor Cruz had a different take on the lenders as he came out of a ... Read more
In recession, payday lending takes a new spin - Durango HeraldOhio 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
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