IN Payday Loans Article

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IN Payday Loans

NPR News - Tell Me More , February 20, 2008 · Payday loans can be a fast fix for money problems. But interest rates on these loans can go up to 400 percent, making repayment nearly impossible. Financial expert Alvin Hall discusses the loans, and what people ...

Money Coach: Beware of Payday Loans

Island Packet Online - COLUMBIA, S.C. — South Carolina senators agreed Tuesday to limit payday loans to no more than $500 at a time and create a list of borrowers that businesses must check before lending money. The tougher regulations would also double licensing fees ...

Senators agree to new limits on payday loans

Salt Lake Tribune - The natural hypothesis was there would be aggressive regulation and less demand for payday loans in Christian states," Peterson said. "We found the opposite was true.

Study: Payday lending prospers in conservative Christian areas

WLTX.com - COLUMBIA, S.C. (AP) - The state Senate has agreed to tougher new restrictions on payday loans, but stopped short of banning the industry in South Carolina. The restrictions include a borrower database, loan caps and a ban on multiple loans in a seven ...

Senate Agrees to Payday Lending Restrictions

Statesman Journal - In that race, Merkley has been drawing on his background as a consumer rights advocate, including the push to crackdown on payday loans and his background in affordable housing.

House passes subprime-mortgage bill

Spokane Journal of Business - Karlson says Axel’s offered payday loans for a time, but didn’t like having to pursue collections. He says he prefers being able to keep a relationship with his customers even if they can’t repay a loan.

Owners here say they expect loans, sales to rise as consumers continue ...

Morning News - LITTLE ROCK - For the second time in two months, Arkansas' highest court on Thursday ruled a customer can collect the surety bond from a payday lender accused of violating the state Constitution by charging more than 17 percent a year to borrow money ...

Court Says Customer Can Collect Bonds From Payday Lenders

Courier-Post - Members of the military use payday loans three times as often as civilians, a Defense Department study found. With a payday loan, you borrow against a future paycheck.

Military families lag in money management

Ogden Standard-Examiner - We've seen payday loans as high as 560 percent interest," Leon said. "It has never been easier to get credit," he said, with Blesse calling this generation the 'I Want it Now Generation.

Military Saves Week to educate on financial freedom

Salt Lake Tribune - Some people say that payday lending and loan sharking are the same. They're not. ... of loans rescinded by the lender at the request of the customer who returns the loan amount to the lender by 5 p.m. on the ...

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