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Payday lenders selling illegal loans in Montana, federal banking regulators allege - Billings Gazette


Billings Gazette

Payday lenders selling illegal loans in Montana, federal banking regulators allege
Billings Gazette
“High-cost loans, whether short-term payday loans or long-term payday loans, put people in a cycle of debt. The Consumer Financial Protection Bureau is defending Montana families against predatory lenders,” said Katie Sutton of the Billings-based ...

and more »

Protection from predators? Ordinance cutting down on 'abusive ... - Amarillo.com


Amarillo.com

Protection from predators? Ordinance cutting down on 'abusive ...
Amarillo.com
Predators. That's how Amarillo Mayor Paul Harpole labels some Credit Access Businesses, more commonly known as payday lenders or CABs, that take ...

and more »

Survey: unintended consequences of payday loan rate cap - KELO AM-FM


KELO AM-FM

Survey: unintended consequences of payday loan rate cap
KELO AM-FM
Sioux Falls, S.D. (KELO AM) - The nation's largest payday lender says a survey of its former borrowers in South Dakota shows severe hardships since the payday loan rate cap kicked in. "Unfortunately, customers are now paying higher costs for their ...

Congress tries to block regulation of payday loans - St. Louis American


St. Louis American

Congress tries to block regulation of payday loans
St. Louis American
That one reversal would make it easier for payday lenders, banks, debt collectors, student lenders, and others to trick and trap consumers without redress. By specifically removing authority to promulgate rules for high-cost payday and car-title loans ...
Federal regulator sues four payday lending companies operating in KansasKansas City Star
Federal regulator ratchets up effort to regulate tribal lenders, suing four in CaliforniaLos Angeles Times
Feds Sue Four Online Payday Lenders For Collecting On Void DebtsConsumerist
Truth-Out -The National Law Review
all 79 news articles »

Bills would undo cities' efforts to rein in payday loans - ReporterNews.com


ReporterNews.com

Bills would undo cities' efforts to rein in payday loans
ReporterNews.com
“The people that are in these predatory loans don't know what they're getting themselves into,” said Matt Pogor of the Society of St. Vincent De Paul – Diocesan Council of Austin, a nonprofit that, among other services, helps borrowers get out of ...
Payday lenders push for even friendlier rules in OklahomaAmerican Banker

all 5 news articles »

Clock ticking as payday loan bill debated by senators - Anniston Star


Anniston Star

Clock ticking as payday loan bill debated by senators
Anniston Star
MONTGOMERY — People who use payday loans would have a longer time to pay them back under a bill that was debated in a state Senate committee Wednesday. Critics of the payday loan industry say the law needs change because current rules force ...

Americans want payday loans to be more regulated: Pew Survey - Yahoo Finance


Yahoo Finance

Americans want payday loans to be more regulated: Pew Survey
Yahoo Finance
With their alarmingly high interest rates and unreasonable payment schedules, payday loans are a very expensive way for people to borrow money. While many ...
Most Americans Favor Payday Loan ReformsConsumerist
Payday loan customers support more regulation, study findsConsumerAffairs

all 3 news articles »

Why the payday loan industry is declining in Missouri - STLtoday.com


STLtoday.com

Why the payday loan industry is declining in Missouri
STLtoday.com
In Missouri, home of some of the most relaxed consumer lending laws in the nation, the payday loan industry has been shrinking for years. After the Legislature changed the state's usury laws to allow high-interest, short term loans in the 1990s ...

Payday lenders selling illegal loans in Montana, federal banking regulators allege - Billings Gazette


Billings Gazette

Payday lenders selling illegal loans in Montana, federal banking regulators allege
Billings Gazette
“High-cost loans, whether short-term payday loans or long-term payday loans, put people in a cycle of debt. The Consumer Financial Protection Bureau is defending Montana families against predatory lenders,” said Katie Sutton of the Billings-based ...

and more »

Protection from predators? Ordinance cutting down on 'abusive ... - Amarillo.com


Amarillo.com

Protection from predators? Ordinance cutting down on 'abusive ...
Amarillo.com
Predators. That's how Amarillo Mayor Paul Harpole labels some Credit Access Businesses, more commonly known as payday lenders or CABs, that take ...

and more »

Survey: unintended consequences of payday loan rate cap - KELO AM-FM


KELO AM-FM

Survey: unintended consequences of payday loan rate cap
KELO AM-FM
Sioux Falls, S.D. (KELO AM) - The nation's largest payday lender says a survey of its former borrowers in South Dakota shows severe hardships since the payday loan rate cap kicked in. "Unfortunately, customers are now paying higher costs for their ...

Congress tries to block regulation of payday loans - St. Louis American


St. Louis American

Congress tries to block regulation of payday loans
St. Louis American
That one reversal would make it easier for payday lenders, banks, debt collectors, student lenders, and others to trick and trap consumers without redress. By specifically removing authority to promulgate rules for high-cost payday and car-title loans ...
Federal regulator sues four payday lending companies operating in KansasKansas City Star
Federal regulator ratchets up effort to regulate tribal lenders, suing four in CaliforniaLos Angeles Times
Feds Sue Four Online Payday Lenders For Collecting On Void DebtsConsumerist
Truth-Out -The National Law Review
all 79 news articles »

Bills would undo cities' efforts to rein in payday loans - ReporterNews.com


ReporterNews.com

Bills would undo cities' efforts to rein in payday loans
ReporterNews.com
“The people that are in these predatory loans don't know what they're getting themselves into,” said Matt Pogor of the Society of St. Vincent De Paul – Diocesan Council of Austin, a nonprofit that, among other services, helps borrowers get out of ...
Payday lenders push for even friendlier rules in OklahomaAmerican Banker

all 5 news articles »

Clock ticking as payday loan bill debated by senators - Anniston Star


Anniston Star

Clock ticking as payday loan bill debated by senators
Anniston Star
MONTGOMERY — People who use payday loans would have a longer time to pay them back under a bill that was debated in a state Senate committee Wednesday. Critics of the payday loan industry say the law needs change because current rules force ...

Americans want payday loans to be more regulated: Pew Survey - Yahoo Finance


Yahoo Finance

Americans want payday loans to be more regulated: Pew Survey
Yahoo Finance
With their alarmingly high interest rates and unreasonable payment schedules, payday loans are a very expensive way for people to borrow money. While many ...
Most Americans Favor Payday Loan ReformsConsumerist
Payday loan customers support more regulation, study findsConsumerAffairs

all 3 news articles »

Why the payday loan industry is declining in Missouri - STLtoday.com


STLtoday.com

Why the payday loan industry is declining in Missouri
STLtoday.com
In Missouri, home of some of the most relaxed consumer lending laws in the nation, the payday loan industry has been shrinking for years. After the Legislature changed the state's usury laws to allow high-interest, short term loans in the 1990s ...