News tagged with “payday lenders”. Found:
21 tagged news reports.
Your Search Returned 21 tagged news reports
Letters to the editor
Dubuque :: IA :: USA | 23 days ago
Credibility
In response to Father Eugene Kutsch's letter, "Payday lenders prey on the poor" (Nov. 4): Here are the real facts, according to Dr. Gregory Elliehausen, of the Credit Research Center at Georgetown University. The majority of payday advance customers earn...
Tags: payday advance, percent having, Iowa, payday lenders, Dubuque
Looking Out for the 'Unbanked'
Washington :: DC :: USA | about 1 month ago
Credibility Mui Washington Post Staff Writer Tuesday, October 13, 2009 For years, the country's makeshift network of payday lenders and check cashers has operated with little competition or federal regulation. This Story But as the financial crisis sparks a new...
Tags: payday lenders
PolitickerMD.com: Bloodsuckers never quit
Little Rock :: AR :: USA | 2 months ago
Credibility Payday lenders , banished from Arkansas after years of legal action, are still punishing borrowers via Internet loans. The attorney general is hounding the lenders and advising victims not to stop paying on the illegal loans. Article notes that the Southern Bancorp,...
Tags: Arkansas, payday lenders, attorney general, Dustin McDaniel, payday lending, Little Rock
Report: Payday lenders skirt law
Columbus :: OH :: USA | 2 months ago
Credibility Payday lenders continue to skirt short-term loan laws by charging excessive origination and credit-check fees and high fees to cash the money orders, according to a survey of 69 loan stores released Tuesday by Policy Matters Ohio. While lenders aren't...
Tags: payday lenders, overdraft fees, Policy Matters Ohio, Columbus
More ammo readied against payday lending
Elyria :: OH :: USA | 6 months ago
Credibility The latest legislative effort to force payday lenders to adhere to a 28 percent interest-rate cap should be rolled out this week. More than 600 payday-lending stores have closed since legislators voted to end the business model that allowed them to charge...
Tags: payday lenders, percent annually
Beshear signs testing overhaul bill
Frankfort :: KY :: USA | 8 months ago
Credibility Flanked by members of the House and Senate, Gov. Steve Beshear signed into law Thursday a bill that will overhaul the state's educational testing system. Kentucky schools for more than a decade, will begin to be phased out almost immediately. Beshear...
Tags: Steve Beshear, beshear signs, payday lenders, Senate Bill
NBC 6 Pocatello (KPVI): Idaho lawmakers to hear online payday loan bill
Boise :: ID :: USA | 9 months ago
Credibility A Senate committee has agreed to consider a bill that would require licenses for online payday lenders. Payday lenders provide short term loans with high interest rates and usually cater to lower-income borrowers, and currently online payday lenders are...
Tags: payday lenders, online payday
Senate approves moratorium on new payday lenders
Frankfort :: KY :: USA | 9 months ago
Credibility A proposal to eliminate new competition for existing payday lenders cleared the state Senate Tuesday despite concerns by Gov. Steve Beshear and one lawmaker who called it unconstitutional. House Bill 444 originally required a statewide database to track...
Tags: Senate, payday lenders, payday loans
WA House passes bill to regulate payday lending
Cleveland :: OH :: USA | 9 months ago
Credibility Washington House lawmakers are putting payday lenders on notice with a bill that would impose increased limitations on the industry's small loan practices. The House voted 84-10 early Tuesday to pass a bill that would require lenders to offer extended...
Tags: payday lenders
Lawmakers consider beefing up payday law
Columbus :: OH :: USA | 9 months ago
Credibility Some 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 attempt...
Tags: payday lenders
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