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Roanoke Times - They both establish a statewide database to prevent borrowers from taking out more than one loan at a time. They both limit the methods that payday ... of the Senate compromise touted its requirements for 90-day "cooling off" periods that apply to ...

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Progress made at midpoint of General Assembly session

North County Times - Since 2003, Georgia and several other states have enacted similar caps that apply to all borrowers. The federal law ... Payday-loan critics also point to a new initiative by Gov. Arnold Schwarzenegger to help low-income workers set up bank accounts ...

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Advocates dig in against high-interest loans

Denver Post - If you apply an annual rate to a two-week loan, it just doesn't work." Under current law, payday lenders can charge about $17 to lend $100 for two weeks, she said. The proposed legislation would drop that to $1.38. "They would lose money," Medsker ...

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Lawmakers irate over payday rates

Tucson Citizen - ... prohibit preferential treatment or discrimination based on race, sex, color, ethnicity or national origin. It would apply ... State Rep. Marian McClure wants to ban payday loan operations.

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Kimble: Take initiative to study election

AccessAtlanta - ... so thankful I had backup money. Every woman should have a little stash of money hidden. It used to be called “Mad money” but now it’s Smart money……get yourselves a savings account that only you know about!!! And pay yourself every payday

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Misadventures in Atlanta

Common Dreams - Payday loans, rent-to-buy furniture and exorbitant credit card interest rates for ... is starting to wear a little thin now that the “Sub-prime”-(read garbage loan ... The fact that America cannot apply to itself the standards it applies to others has ...

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The Boom Was a Bust for Ordinary People

Albuquerque Tribune - The AG may have authority to address some payday and title loan issues through the Unfair Trade Practices Act, but I do not believe ... The New Mexico laws that apply to the production and distribution of methamphetamines and other illicit drugs are ...

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Gary K. King, Democrat

Washington Post - Nay to the pols in Richmond who seem ready to cave once again to the lobbying and deep pockets of the payday loan industry ... certain people--felons, the mentally deranged--ought not be able to buy guns, then the same background checks should apply ...

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Who's Blogging

Common Dreams - The terms of your loan don’t matter, they effectively purred to borrowers, so ... The crux is the $200 the players get at payday - it’s no longer enough to get them ... have been the first weeded from the gene pool, whereas the same doesn’t apply ...

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Deregulation and the Financial Crisis

Fort Leavenworth Lamp - ... be eligible to apply for a refund anticipation loan through a commercial preparer offering such loans. Service members and their families, however, may find these loans hard to come by. A recent law limits the interest rate to 36 percent on payday ...

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