1. Payday Loan Defendant Settles FTC Charges
September 4th, 2010 - 09:57 AM
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Illegally Tried to Garnish Borrowers' Wages
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2. Payday Loan Defendant Settles FTC Charges; Illegally Tried to Garnish Borrowers' Wages
September 2nd, 2010 - 10:08 AM
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One of the owners of a payday loan and debt collection operation has agreed to settle Federal Trade Commission charges for his role in a scheme that illegally tried to garnish borrowers wages and used other illegal debt-collection practices.
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3. I-164 amis to cap payday loan rates
September 1st, 2010 - 10:28 PM
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MISSOULA - An initiative to cap payday loan rates is on the ballot for the first time in Montana's history as over 27,000 voter signatures were collected to put I-164 on the election ballot.
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4. Payday loan initiative draws praise, criticism in Great Falls
September 1st, 2010 - 07:55 PM
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Proponents of an initiative that would cap the interest rate for payday and title loan lenders held a rally in Great Falls on Wednesday.
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5. Montana Voters Will Decide Payday Loan Laws
September 1st, 2010 - 07:08 PM
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Opponents worry an initiative to cap interest rates on payday loans could drive them out of business. Voters will decide Initiative 164 in November. Wednesday, supporters rallied in Missoula. Right now, lenders can charge more than 400% interest annually.
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6. AboutPaydayLoan.com Wants Payday Loan Content Contributors
September 1st, 2010 - 03:01 AM
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Today the website officially announced that it is looking for payday loan content contributors in order to bring more payday loan education to its users. The website has formed an alliance with other payday loan sites, such as Payday Loans Max, and payday loan blog, in order to advocate responsible payday lending.
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7. Critics approve of payday-loan rules
September 1st, 2010 - 01:36 AM
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DENVER - Payday-loan critics won another victory Tuesday when the attorney general's office adopted rules that require lenders to refund more fees when borrowers repay their loans early.
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8. NEW: Payday loan business robbed in Wood River
August 31st, 2010 - 02:33 PM
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WOOD RIVER - Police are searching for a woman suspected of robbing a "payday loan" business during lunch. The black female reportedly entered the Cash Store, 629 Wesley Ave, around 12:30 p.m. wearing all black, including a ski mask and sunglasses, and brandished a handgun and demanded money.
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9. Madigan Family Benefits From Payday Loan Bill
August 30th, 2010 - 02:51 PM
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Representative Michael J. Madigan In the spring, payday loan reform passed the Illinois legislature , capping high interest rates for consumers and expanding a tracking system to keep tabs on lenders. While the measures certainly benefited borrowers of high interest loans, the Sun Times reports that the Madigan family benefited from the loan as well. Lobbyist Jordan Matyas, son-in-law to House ...
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10. State payday loan fight a Madigan family affair
August 30th, 2010 - 05:00 AM
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The Watchdogs: The effort to crack down on "payday loans" in Illinois claimed a big victory in the Legislature last spring: passage of a state law setting new caps on the high interest rates lenders charge and also expanding the state's tracking system to help ensure that consumers don't end up borrowing more than they can repay.
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