Payday Cash Advance Loan Article

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Payday Cash Advance Loan

Washington Post - Lenders offer a cash advance of a few hundred dollars backed by the borrower's next paycheck, charging fees of ... Saslaw and the lending industry's other champions say that if borrowers are unable to turn to payday lenders, they'll go to the loan shark ...

Payday Parasites

MSNBC - ... it also ignored that payday lenders such as First Cash Financial (Nasdaq: FCFS), Advance America (NYSE: AEA), and EZCORP (Nasdaq: EZPW) have been successful because they have already been meeting the needs of the unbanked. Although a payday loan ...

Putting the Unbanked in a Chokehold

Wall Street Journal - Analysts estimate that payday loan volume has climbed to about $48 billion a year from about $13.8 billion in 1999. Most payday lenders are small and privately held. The biggest publicly traded company is Advance America Cash Advance Centers Inc ...

SOCIAL INSECURITY High-Interest Lenders Tap Elderly, Disabled

dBusinessNews.com - OMAHA -- URON, Inc. today announced its strategy of becoming a premier payday lender in the high growth cash advance industry through acquiring branch locations providing short-term consumer loan products, particularly payday and title loans ...

Latest News

Staunton News Leader - ... anything but drive the product out of the state," said Jamie Fulmer, spokesman for Advance America, Cash Advance Centers Inc. The payday ... The true agenda here is to run out the payday loan business, but no one has the guts to admit the truth. They ...

Whose payday? »

Lexington Herald-Leader - ... Lowers the cap on fees. • Limits consumers' ability to pay a loan off in cash and then immediately take out another payday loan. ... Community Financial Services Association of America, which represents the payday advance industry. "A payday loan ...

Payday lenders question proposed limits

Roanoke Times - ... legislative coalition announced a compromise bill to regulate the payday ... Jamie Fulmer, the director of investor relations for Advance America, said ... lure cash-strapped borrowers into a debt cycle, taking out one loan after another to pay off cash ...

Parties in accord on payday reform bill

TriCities.com - Leading up to the time that we had to take out a cash loan, we didn't see anything but negative remarks from others online ... A payday advance when compared to credit card late fess, bounced check charges and reconnect fees can be a better choice. If ...

Payday lending reform bill is worth adopting

WTOP Radio - RICHMOND , Va. (AP) - Borrowers would have longer to repay a payday loan but would be limited in how ... but drive the product out of the state," said Jamie Fulmer, spokesman for Advance America, Cash Advance Centers Inc., the nation's largest payday ...

Compromise Limits No. of Payday Loans Virginians Can Get

Argus Leader - ... situations in support of a banking system that has created the need for cash ... The Payday Advance industry has been blamed for low morale and interfering with ... Attorneys in South Florida are suing Payday Loan companies on behalf of clients who ...