Payday lender laws slash loan numbers (The Washington Times)
Posted on June 26th, 2009 | by admin |More info…
RICHMOND | New laws that cut down on the number of payday loans borrowers can get have drastically reduced the number of the short-term, high-interest loans issued in Virginia. Last year, Virginia’s payday lenders made nearly 3.4 million payday loans, or about 281,000 each month. This year, through the end of May, lenders had issued 226,807 loans, an average of about 45,000 per month – an 84 …
New regulations put limits on payday loans (Gaffney Ledger)
Payday lenders across Cherokee County now face new regulations that put limits on the loans they make. An overwhelming majority of state legislators voted June 16 to override Gov. Mark Sanford’s veto of new regulations on the industry in South Carolina.
Payday Loans Down 84 Percent in Va (10:30a.m.) (CBS 6 Richmond)
RICHMOND, Va. (AP) – New laws that cut down on the number of payday loans borrowers can get have drastically reduced the number of the short-term, high-interest loans issued in Virginia. Last year, Virginia’s payday lenders made nearly 3.4 million payday loans, or about 281,000 each month.
Congress should protect all from payday loans (Arizona Daily Star)
Congress is finally attempting to do for the general public what it did three years ago for military members protect them from predatory payday lending.
Payday loans down 84% in Va (WRIC 8 News Richmond)
Associated Press – June 20, 2009 9:35 AM ET RICHMOND, Va. (AP) – New laws that cut down on the number of payday loans borrowers can get have drastically reduced the number of the short-term,…













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