City To Limit Payday Loan Shops (WCMH Columbus)
Posted on October 18th, 2008 | by admin |More info…
While the state tries to cap the interest rates on short-term, “payday” loans, one city is moving to limit the number of payday lenders.
Prop 200 debates payday loans (The Yuma Sun)
Supporters of Proposition 200 say the measure means real reform for the payday loan industry in Arizona, but opponents claim the measure will trap borrowers in a never-ending cycle of debt.
Payday lenders see silver lining to financial crisis (Tooele Transcript-Bulletin)
One sector of the financial services industry that hasnt been hurt by the credit crunch is Tooeles payday lenders, who say tough economic times ahead mean bright business prospects.
Report: Credit counselors steer clients clear of payday loans (Dayton Business Journal)
The nonprofit research group Policy Matters Ohio is putting its support behind efforts to keep new restrictions on payday lenders in place, citing a new survey of Ohio credit counselors who say the loans they issue create a cycle of debt for their clients.
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