Kentucky Payday Loans Article

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Kentucky Payday Loans

... bill to set the same 36 percent annual interest rate cap for civilian payday borrowers that Congress adopted in 2007 for payday loans to military personnel. A similar proposal last session failed. The payday loan ... hard up for cash in the ...

Payday rate cap - Courier-Journal

A coalition of religious and advocacy groups called Monday on the 2010 General Assembly to sharply reduce the interest rates Kentucky's payday lenders may charge people for the high-cost, short-term loans. “This kind of lending is a sinful ...

Groups target payday loan rates - Courier-Journal

They were defined as underbanked if they had an account but relied on non-bank money orders, check-cashing services, payday loans, rent-to-own agreements ... Virginia - two of which are contiguous, Kentucky and Ohio." The survey found that 35.6 ...

Many do without banking - Charleston Gazette

Mortgage brokers, payday lenders and other companies offering high-risk loans faced little regulation in the run-up to the mortgage and financial crises. Legislation to create a consumer financial protection agency is working its way through Congress ...

Bailout watchdog: Crisis response worked, somewhat - Lexington Herald-Leader

Done at the City of Washington, this Third day of October ... real life, according to their paper: Georgia banned payday loans in May 2004 while North Carolina banned them in December 2005. These two events provide the authors with an opportunity to ...

November 2009 Archives - The Atlantic

The states with the highest percentage of unbanked households, besides Georgia, were Mississippi and Kentucky at 16.4 ... use alternative financial services such as non-bank check cashing, payday loans and pawn shop loans. These services often are ...

32% of Georgia residents lack access to banking - Atlanta Business Chronicle

About 441,000, or 17.5 percent of Tennessee households, are underbanked, according ... accounts, but they primarily use alternative financial services such as non-bank check cashing, payday loans and pawn shop loans. These services often are more ...

27% of Tennessee residents lack access to banking - Memphis Business Journal

Stay updated with our RSS feeds daily with the latest news. Several Kentucky groups say its an industry that's creating a debt trap for far too many Kentuckiana families, and they want lawmakers to do something about it. Members from the Kentucky ...

Kentucky groups criticize payday loans - Fox41.com

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