Payday Advances Article

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payday advances

Denver Post - Payday lenders are everywhere, ready to make cash advances against almost anyone's next paycheck. What was once a niche for leg-snapping loan sharks now belongs to corporations with brightly lit stores and publicly traded stock. They prey upon the ...

Payday loan's hook a sinker

Canton Daily Ledger - Apply for a fast payday advance loan today by calling (800) 986-3072 or log on to www.FastwireCash.com . Consumer Notice: Payday advances should be used for short term financial needs only, not as a long-term financial solution. Customers with credit ...

How To Handle a Cash Crunch

North County Times - Payday loans ---- cash advances of up to $300 in California ---- can help bridge a gap between paydays, particularly when an emergency hits, but they can quickly snowball when they're extended past the initial deadline. A typical fee is $15 per $100 ...

Advocates dig in against high-interest loans

Hampton Roads Daily Press - ... payday lenders in Virginia. Sponsored by Del. Glenn Oder , R-Newport News, the legislation says borrowers can have only one outstanding loan at any time, up to five per year. It also extends the payment period. The voice vote by the House advances the ...

Sunday liquor sales may be coming

Inside Bay Area - We like to attribute our high productivity to technological advances and better education. But a revealing 2001 study by the ... Payday loans, rent-to-buy furniture and exorbitant credit card interest rates for the poor were just the beginning. In its ...

Financial boom was a bust for ordinary people

Daily News-Record - A House of Delegates committee passed compromise payday lending legislation Tuesday that would cap interest rates and fees, set a limit on loans permitted and extend the repayment period. Legislators say the measure will break the cycle of debt ...

House Committee Advances Limits On Payday Loans

The State - The line of credit was for up to $500, and Advance America charged interest on advances at an annual percentage rate of 5.98 percent. Seems like a good deal, right? But the payday lender also levied $149.95 monthly — yes, consumers paid it every ...

Payday lenders don’t take kindly to regulation

Roanoke Times - ... would protect consumers from getting pulled into a debt cycle in which they take out one loan after another to pay off the cash advances. Armstrong issued a statement saying the bill "will protect consumers while fairly regulating the payday lending ...

House committee OKs limits on payday lending

WLBT - Georgia and North Carolina have recently outlawed payday lending to protect the poor, minorities and military personnel from high cost advances. Mississippi is awash with these fast-cash stores. As Three On Your Side found, the need for quick cash ...

3 ON YOUR SIDE

Argus Leader - PIERRE - A bill to limit the annual interest on payday and title loans to 36 percent died 10-2 on Monday in the House ... saves customers from such devastating situations in support of a banking system that has created the need for cash advances ...

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