Payday lending law: A compromise in a contentious session (Finance and Commerce)
Posted on July 23rd, 2009 | by admin |More info…
In a 2009 legislative session very light on compromise, theres at least one new law that stands as an exception to the rule regulation regarding payday lending in Minnesota.
Cash America reports strong 2Q profit; cuts 2009 forecast (Fort Worth Business Press)
Payday lender Cash America International Inc. reported on July 23 better-than-expected earnings in the second quarter, boosted by lower losses on its cash advance loans and rising pawn loan demand, but narrowed its 2009 profit view.
Bad credit can hurt job prospects (Bankrate.com)
Dear Debt Adviser, My roommate relocated to Washington, D.C., from South Carolina about 20 months ago. Prior to leaving South Carolina, he got laid off from his job. He collected unemployment benefits for a while, but eventually they ran out. To survive, he took out not one, but two payday loans.
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