Delegates target payday loans (Daily Press) Four state lawmakers have sponsored bills to further regulate or shut down the booming payday-lending industry in Virginia.
High-interest-rate loans pass House panel, 6-2 (Arizona Daily Star) PHOENIX A House panel agreed Monday to let lenders offer a new type of consumer loan in Arizona one with an interest rate of up to 180 percent.
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 […]
Holiday robbery suspect on the lamIdaho Mountain Express and Guide, ID - Jan 12, 2006… A forged check for $500 was cashed in Ketchum, but a second check was stopped at a Payday Loan office in Twin Falls, McNeil said. …
Payday loan company to pay back former customers (CBC Saskatchewan) A payday loan company at the centre of a class-action lawsuit will repay more than $1 million to thousands of clients who were charged upwards of 60 per cent in interest and fees for some short-term loans.
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