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Payday
Loan and Cash Advance News
Latest News on the payday loan and cash
advance industry
1. Payday lending banking on voters (Bowling Green Sentinel-Tribune)
October 6th, 2008 - 10:54 AM
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Come November, Ohio voters will be asked to vote on Issue 5, commonly known as the payday lending bill, signed...
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2. Payday loan show on The CW generates some real interest (Miami Herald)
October 5th, 2008 - 03:02 AM
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The economy is worse than we thought. Even The CW is shoving aside its teenaged psalms to Jimmy Choo and Marc Jacobs for shows about loan sharks and outsourced deities. Next I'm afraid we'll see Henry Paulson on TV announcing that the Treasury Department has seized Gossip Girl and offering a reverse auction for Serena and Blair.
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3. Gun wielding robbery suspect hunted by WF Police (KAUZ Wichita Falls)
October 4th, 2008 - 08:44 PM
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Wichita Falls police also need your help looking for an armed robber. Just after 6 Friday night a man walked into Car Title and Payday Loan on Southwest Parkway.
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4. "Easy Money" hits dramatic pay dirt (Reuters via Yahoo! News)
October 3rd, 2008 - 10:55 PM
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There's nothing illegal about all those payday loan shops that have sprung up in recent years, but there's something that's not quite kosher about them.
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5. B.C. Liberal's work for payday loan firm wasn't lobbying, company says (The Globe and Mail)
October 3rd, 2008 - 10:08 AM
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Patrick Kinsella was hired last year to help firm gain access to a B.C. cabinet minister
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6. Schwarzenegger to U.S.: State may need $7-billion loan (Los Angeles Times)
October 3rd, 2008 - 09:47 AM
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In a letter obtained by The Times, the governor warns that tight credit has dried up funds California routinely relies on and it may have to seek emergency aid within weeks. California Gov. Arnold Schwarzenegger, alarmed by the ongoing national financial crisis, warned Treasury Secretary Henry M. Paulson on Thursday that the state might need an emergency loan of as much as $7 billion from the ...
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7. Lawmaker's loan piques interest of ethics group (The Florida Times-Union)
October 3rd, 2008 - 12:44 AM
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State ethics investigators are asking permission to delve into the dealings of former Denver Bronco-turned-lobbyist Willie Green over an $80,000 loan he made to disgraced state Rep. Ron Sailor ahead of a key vote on a payday lending bill last year.
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8. Critics call Prop. 200 a trap, not payday loan reform (Tucson Citizen)
October 2nd, 2008 - 03:13 AM
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Would you knowingly take out a loan with a potential 391 percent annual interest rate that included allowing the lender to electronically raid your bank account for payment?
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9. Financially Desperate People Turning to Payday Loans (KLAS Las Vegas)
October 1st, 2008 - 06:54 PM
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While some businesses are closing their doors, payday loan stores are thriving in these tough economic times. People are using the fast cash approach to pay bills, buy food, even make their house payment.
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10. Anti payday loan reformers play into economic fears by urging a 'no' vote - Eye on Ohio (The Plain Dealer)
September 29th, 2008 - 07:07 PM
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THE AD: "No on Issue 5", 30-second television ad PRODUCER: Ohioans For Finacial Freedom, a group mostly sponsored by the payday loan industry. WHERE TO SEE IT: Television and by clicking here. RATING: 2 on a scale from 0 (misleading)...
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