Recent Posts in News Category
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Posted on May 19, 2012 By Payday Loan News
There are several groups voicing their concern about a bank joining up with a payday loan company. Should the union go through, the loan provider might be able to avoid certain laws, which poses a ...
Continue reading "Consumer Groups Voice Concern Over Bank Partnering with Payday Loan Company" »
Posted on May 7, 2012 By Payday Loan News
Voters in Missouri will have the chance to decide on two topics at the polls this November. The topics at hand are whether payday loans should be limited and should the minimum wage be raised in the ...
Continue reading "Voters Will Decide on Payday Loan Legislation" »
Posted on Apr 13, 2012 By Payday Loan News
The federal government has stepped in and demanded that one payday loan company stop conducting illegal practices. It has been threatened with sanctions and fees that could shut its doors forever. ...
Continue reading "Federal Government Investigates One Payday Loan Company" »
Posted on Apr 6, 2012 By Payday Loan News
A ballot proposal in Missouri was shot down by a judge last week. The proposal was intended to set a cap on interest rates for payday loans . This is important news for both payday loan providers and ...
Continue reading "Missouri Refuses to Cap Interest Rates on Payday Lending" »
Posted on Dec 25, 2011 By PayDay2Go
Payday loan providers in Kentucky are fighting state legislation that makes it illegal to charge interest on this type of loan. If they are successful in changing the legislation then the residents of ...
Continue reading "Kentucky Payday Loan Providers Fighting State Legislation" »
Posted on Nov 6, 2011 By PayDay2Go
A credit union in Utah has ceased their cash loan program after being derided in local news reports. The credit union offered their version of a payday loan with an annual interest rate of up to 876% ...
Continue reading "Utah Credit Union Cancels Cash Loan Program" »
Posted on Sep 9, 2011 By PayDay2Go
Two men are on the run after robbing a cash advance store in Tittabawassee last week. According to the county's police department, the two men entered the cash advance store with two handguns. After ...
Continue reading "Police Looking for Cash Advance Store Robbers" »
Posted on Aug 22, 2011 By PayDay2Go
News sources are buzzing across the nation now that banks have decided to extend payday loans to consumers. However, even though these loans are similar to payday loans, banks are marketing them under ...
Continue reading "PayDay2Go Offers More Convenience than Banks" »
Posted on Aug 1, 2011 By PayDay2Go
In the United States, there is a war going on that revolves around " payday loans ". It appears banks and large financial institutions are at-odds with consumer advocate groups. Lenders want to keep ...
Continue reading "Consumer Advocate Groups Demand OCC Restrictions" »
Posted on Jun 20, 2011 By PayDay2Go
Some counties in California have already banned the practice of payday loans , and San Mateo County could soon join them. According to Rose Jacobs Gibson, a San Mateo County supervisor, payday loans ...
Continue reading "Counties in California Ban Payday Loans" »
Posted on Jun 15, 2011 By PayDay2Go
The North Carolina Attorney General released a statement and warning Monday regarding telemarketing scams involving fake debt collection calls from individuals or groups posing as law enforcement ...
Continue reading "Attorney General Warns About North Carolina Payday Loan Scam" »
Posted on Jun 8, 2011 By PayDay2Go
A Democratic representative from New York is showing his support for two bills that aim to lift the cap on an existing law which restricts interest rates to 25 percent on loans. The Assemblyman from ...
Continue reading "Democrat supports bill for Brooklyn payday loans" »
Posted on May 31, 2011 By PayDay2Go
South Dakota residents are being asked to evacuate and to plan to leave their homes for the majority of the summer in order to avoid injury or death caused by flooding of the Missouri River from ...
Continue reading "Missouri River Floods Throughout Central/Northern U.S." »
Posted on May 27, 2011 By PayDay2Go
The Federal Reserve Bank of Kansas City has begun to research the total rate of payday loans that end badly in order to offer additional insight for bills that are reviewed surrounding the payday loan ...
Continue reading "KC Federal Reserve Asks Questions About Payday Lending" »
Posted on May 23, 2011 By PayDay2Go
On May 22nd several huge tornadoes ripped through Missouri and Kansas destroying homes, businesses and even hospitals alike. The huge tornadoes were estimated at having winds exceeding 150-200 mph as ...
Continue reading "Payday Loans Can Help After Missouri / Kansas Tornadoes" »
Posted on May 19, 2011 By PayDay2Go
Members of the Texas House are working on a new bill that would directly affect the payday loans industry. This new bill, sponsored by state Rep. Vicki Truitt, R-Keller, is designed to curtail the ...
Continue reading "New Legislation May Impact Payday Loans in Texas" »
Posted on May 16, 2011 By PayDay2Go
In Texas, several payday lending bills are currently moving through the legislation in an attempt to add some regulations to payday loan businesses throughout the state. Three bills specifically are ...
Continue reading "Payday Loan Regulations in Texas House" »
Posted on May 13, 2011 By PayDay2Go
The U.S. Army Corps of Engineers has been preparing for what seems to be the inevitable flooding of the Mississippi River in the coming week, possibly even later today. As the Mississippi River ...
Continue reading "As Mississippi River Floods, Disaster Preparations Continue" »
Posted on May 10, 2011 By PayDay2Go
Good news for those with financial problems in New York: check-cashing centers may soon be allowed to provide short-term payday loans as well. If the banking committees in the Senate and Assembly push ...
Continue reading "New York Check Cashing Centers may be able to Provide Short Term Loans" »
Posted on May 4, 2011 By PayDay2Go
In Colorado, a law previously passed in November 2010 may be partially overwritten by a bill that is rapidly passing through the Senate, which is overall intent on allowing non-refundable origination ...
Continue reading "Colorado Payday Loan Laws Could Change" »
Posted on Apr 30, 2011 By Pay Day 2 Go
If a new proposal makes its way through the state Assembly in California, the cap on payday loans could increase. That is great news for people who need payday loans. When you use a payday loan, you ...
Continue reading "California May Cap Payday Loans" »
Posted on Mar 25, 2011 By Payday2Go
A recent scam that has been circulating in Colorado has caused authorities to warn consumers about phony payday loan collectors. According to reports from the Colorado Department of Public Safety, ...
Continue reading "Authorities Warn About Loan Collection Scam" »
Posted on Feb 23, 2011 By Payday2go
Texas is one of six states that do not regulate payday loans . This means that the lender's fee for the loan is not considered interest according to Texas state law. As with some payday loans, the ...
Continue reading "Texas to Regulate on Payday Lending" »
Posted on Jan 30, 2011 By PayDay2Go
In Seattle, Washington, it has been reported that a woman from King County has decided to take her issues against a payday loan company to court. She claims that, at one point, the company charged her ...
Continue reading "Seattle Woman Sues Payday Loan Company" »
Posted on Jan 13, 2011 By PayDay2Go
In Des Moines, it has been reported that several consumer advocate groups decided to rally to urge state legislators to put a cap on interest added to payday loans. The people involved in the rally ...
Continue reading "Des Moines Wants Cap on Payday Loans" »
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