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The administration is planning to turn up the heat on senators, by making officials — and Obama himself — available to print and broadcast journalists in deep-red Alaska, Indiana ... payday lenders charge on average $16 in fees for a $100 two-week loan ...

President Obama pushes fight for Richard Cordray

There's good, free advice available. QUESTION: How can I break my payday loan cycle? ANSWER: Payday loan stores, check-cashing outfits and finance companies are making these small short-term, high-rate loans. They can charge 15 percent interest a week ...

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PARIS — Europe's banks are getting squeezed from all sides: They're holding a lot of risky government debt, they're struggling to get loans to operate ... Michigan before spreading to Iowa, Nebraska, Indiana, Montana and possibly beyond.

BC-Business News Digest

He said that without a director, the CFPB could not oversee payday loan firms, student loan providers and other ... that is completely unaccountable in terms of its budget.” Indiana Republican Senator Richard Lugar called the CFPB a case ...

White House presses hard for consumer chief

Think about it: “Occupy ALL Our Homes.” “Occupy Our Credit Cards … Our Payday Loans … Our Buy-and-Drive Loans …” I’m not saying these are necessarily the right tactics, although they very well may be. But what’s most important ...

Occupy Movement . . . Gaining Strength?

For example, the report states that, unlike banks, payday lenders don't currently have to comply with federal laws that relate to consumer financial protections, which means they can continue to charge fees of about $16 for a $100 two-week loan.

Obama Ramps Up Pressure For Consumer Financial Protection Bureau Nominee

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Earnest said the White House will ratchet up pressure on lawmakers from Alaska, Indiana ... points to studies showing that payday lenders on average charge fees of approximately $16 for a $100 two-week loan. Republican opposition to Cordray ...

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