Posts Tagged ‘Payday Loans’

Payday Loans – Senator: Payday Loan Cap Has Loophole

Case by Case.
So far, Hildreth has been dealing with the high-interest products on a case by case basis.

Payday Loans – Payday Only Adds Direct Application Feature To Match Consumers With Appropriate Lenders

From information to the actual loans, Payday Only provides all the necessary help. The website not only helps people realise what they want out of their loan but also provides an option to apply for a loan directly. This facility is for those who intend on doing their homework before availing a payday loan but [...]

Payday Loans a Recipe for Deeper Debt, Researcher Tells Kitchener Community Meeting

Most of the surveyed people frequent payday loan companies twice a month mainly to pay the bills. Most work full-time and are between the ages of 40 and 55.

Payday Loans Bill Deficient

Payday loan businesses routinely charge 390-460 percent to their customers. Prior to 2000, loans with annual interest rates of more than 36 percent were illegal in Arizona. But, that year, industry lobbyists convinced lawmakers to approve what are technically called “deferred presentment transactions” that circumvented the limit. At the time, the Legislature put a time [...]

Payday Loans – Valley Lawmaker Moves to Keep Controversial Payday Loans

A state lawmaker has introduced a bill that would allow payday lenders to continue operating indefinitely in Arizona.
The law authorizing payday loans expires June 30.

Payday Loans – Loophole allows payday./auto title loans

Payday loans are cash advances due by the borrower’s next payday. Auto title loans are similar but are secured with car titles. Borrowers of these two types of loans can incur fees from both their lenders and their banks and lose their vehicles, even if they’ve paid hundreds of thousands of dollars in interest and [...]

Payday Loans – Payday loan bill deficient

Payday loan businesses routinely charge 390-460 percent to their customers. Prior to 2000, loans with annual interest rates of more than 36 percent were illegal in Arizona. But, that year, industry lobbyists convinced lawmakers to approve what are technically called “deferred presentment transactions” that circumvented the limit. At the time, the Legislature put a time [...]

Payday Loans – Ariz. lawmaker wants to keep payday loans

A state lawmaker has introduced a bill that would allow payday lenders to continue operating indefinitely in Arizona.
The law authorizing payday loans expires June 30. The measure sponsored by Republican Rep. Andy Tobin of Paulden would repeal the termination date and change some regulations.

Payday Loans – New bill would regulate payday lending

State lawmakers are working on a new bill that would provide more protection to payday loan borrowers.

Payday Loans – Catholics push to restrict payday loans in Iowa

Chapman joined legislative leaders at a news conference to push for tougher regulation of the short-term loans. He urged lawmakers to put a 36 percent ceiling on interest rates charged for such loans.