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Latest news about Payday loan


Judge Rules In Favour of Payday Loan Companies (CJOB News First)

The Manitoba Court of Appeal has declared payday lenders were unfairly treated by the Public Utilities Board, when it set lending rates. The decision means The Cash Store Financial Services could argue the PUB acted beyond its scope in setting rates.

Judge rules in favour of payday loans companies (CTV Winnipeg)

The Manitoba Court of Appeal says payday lenders were unfairly treated by the Public Utilities Board when it set lending rates last spring.

Kayla Kennedy: Fix payday lending by fixing all lending (New Hampshire Union Leader)

Part of the reason payday lending did so well in the 1990s was because traditional banks left the tiny denomination, short-term loan market.

Payday loan cap among NH's new laws (The Nashua Telegraph)

CONCORD -- New Hampshire is giving payday lenders the gong as it rings in the New Year. A law that takes effect Thursday caps the interest rate on tiny loans at 36 percent a year, which the industry has said will put it out of business. ... - By NORMA adore The Associated Press

Health care could nab $100B payday (Richmond Times-Dispatch)

The $775 billion economic stimulus plan could pump more than $100 billion into the health care sector.

PayDay lending changes in effect; Extends time allowed to repay loan (NBC 12 Richmond)

RICHMOND, VA (NBC12) - Some of the nation's most sweeping PayDay lending reforms are now in effect in Virginia. The new law limits borrowers to one PayDay loan at a time, and extends the amount of time you have to repay it.

Banking commissioner: Payday lender can't charge 365 percent loan rate in New Hampshire (Canadian Business)

New Hampshire's banking commissioner has denied a payday lender's request to charge 365 percent interest on open-ended lines of

Ban on Cash Converters loan (The Courier Mail)

QUEENSLAND'S biggest payday lender, Cash Converters, will cease offering a controversial loan as many other lenders arrive below regulatory scrutiny.

Payday lender can't charge 365 pct loan rate in NH (AP via Yahoo! Finance)

New Hampshire's banking commissioner has denied a payday lender's request to charge 365 percent interest on open-ended lines of credit.

City council OKs Ken-Mar TIF plan (The Wichita Eagle)

City council members this morning agreed to spend $2.5 million in property tax dollars to revitalize the aging Ken-Mar shopping middle at the corner of 13th road and Oliver. The area now has a strip mall, a Dollar General and a payday loan business. below the redevelopment plan, the buildings will receive new facades, roofs and other improvements. The parking lot will be repaved and new ...