This Opinion Brought To You By…BusinessWeek - Jan 19, 2006… A phone number on its Web site leads to Washington PR man Robert Hoopes, who says the group is funded by the payday-loan industry. …
Legislature may go after ‘payday loans’ (KRQE Albuquerque) SANTA FE — A measure introduced in the New Mexico House of Representatives aimed to limit the fees collected on payday loans. Democratic Representative Patty Lundstrom of Gallup says the measure is a consensus proposal that would address concerns both from lenders and consumer advocates.
Borrowers still at risk from predatory lendersDaily Advance - An experiment by the Legislature to allow paycheck-advance lenders to set up shop in North Carolina on a trial basis ended in 2001 after lawmakers said no when the time came to renew it. Then, last month, the state’s attorney general announced he […]
Heavy armor … political lessons from Canada … and moreScripps Howard News Service, DC - 5 hours ago… Consumer groups say annualized fees of 600 percent and 700 percent are outrageously usurous, but the paycheck-advance industry insists they’re not deceptive. …
Poor Communities and Advocates Fight Tax-time DeceptionThe NewStandard, NY - Jan 2, 2006… The tax-time RAL marketing blitz […]
Our Favorite Foreign BanksMorningstar.com, IL - Jan 23, 2006… have bolstered Itau’s fee-generating businesses such as credit card issuance and transaction processing, payroll processing, payday loan operations, and …
EZCORP Announces Fiscal 2006 First Quarter ResultsPR Newswire (press release), NY - Jan 24, 2006… over the prior year period to $75,770,000 with total sales (merchandise and jewelry scrapping) up […]