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payyday loansTHE 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 StateRep. Harold Mitchell spent an afternoon last week passing out a new report on payday lending in South Carolina to his Senate colleagues. Mitchell, a Democrat representing Spartanburg, the corporate headquarters of chief national payday lender Advance ... Read more
Payday lending: The dollars and the debate - The StateCOLUMBIA, S.C. -- South Carolina public records show that payday lenders spent almost $300,000 on lobbyists and donations last year as lawmakers sought to regulate the industry. The State newspaper of Columbia reported Monday that the industry gave ... Read more
Payday Lenders Spend Big At SC Capitol - FOX CarolinaSouth Carolina public records show that payday lenders spent almost $300,000 on lobbyists and donations last year as lawmakers sought to regulate the industry. COLUMBIA, S.C. (AP) - South Carolina public records show that payday lenders spent almost ... Read more
Payday Lenders Spending Big At SC Legislature - WJBF.comOhio 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 DealerCOLUMBIA — South Carolina public records show that payday lenders spent almost $300,000 on lobbyists and donations last year as lawmakers sought to regulate the industry. The State newspaper of Columbia reported Monday that the industry gave more ... Read more
Payday lenders spent big on lobbyists and legislators - Greenville NewsHELENA - Critics representing the elderly, women and poor people on Monday accused Montana's payday lending businesses of preying on often unsophisticated and desperate people by charging up to 740 percent in annual interest on short-term loans. They ... Read more
Debate over payday loans goes to Legislature - Billings Gazette"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 HeraldHELENA (AP) — Consumer advocates say payday loans need stricter regulation, arguing new legislation is needed for the industry. House Bill 396 is aimed at both payday and title loans. Rep. Bill Wilson of Great Falls said Monday he wants to cap ... Read more
Payday loans under fire at Legislature - Great Falls TribuneStricter regulation for the payday loan industry hit a roadblock Friday in the House with a partisan stalemate. The House Business and Administration Committee failed to advance the bill on a tied 9-9 vote. The panel, along with the rest of the House ... Read more
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