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Jason Alderman: Military Families Targets of Predatory Lending (The Huffington Post)

You've got to hand it to our military personnel: Not only are they often put in harm's way, but they must contend with a host...

Hub activist asks Fed chief to go easy on homeowners (Boston Herald)

Activists from Brockton and other cities hit hard by the foreclosure crisis want Federal Reserve chief Ben Bernanke...

Payday loans draw controversy at State Capitol (9 News Denver)

DENVER - Hundreds of Coloradans packed into a State Capitol hearing room Monday to debate the future of the payday loan industry.

Financial Sense: Rethink tax refund loans (Greeley Tribune)

You've probably heard the pitches for "refund anticipation checks" or "quick tax loans." The official name is refund anticipation loans, or RALs. They're marketed primarily to cash-poor taxpayers who use their annual federal and state tax refunds as a piggy bank for discretionary items or thanks to a struggling economy, essentials such as food and housing. In tough times, these high-cost loans ...

Man arrested after woman assaulted at Aurora Avenue motel (Seattle Times)

A man who is suspected of assaulting a woman at a motel suffered a drug overdose while he was being arrested and was taken to a Seattle hospital, police said.

Despite reforms, costly loans and cards remain (Louisville Courier-Journal)

A sweeping credit-card law that recently took effect was supposed to prevent banks from employing tactics that yanked borrowers deeper into debt. Yet an array of loans and cards with crushing terms still beckons from every corner.

Payday lenders not to blame (Colorado Springs Business Journal)

Yesterday, the state legislature began hearings about a bill intended to limit the amount of interest charged by so-called “payday lenders.” The bill, sponsored by Sen. Chris Romer (D-Denver) and Rep. Mark Ferrandino (D-Denver) would establish a maximum annual percentage rate of 36 percent on such loans. On the face of it, the interest rates charged by [...]

Should loans shops be utility-payment centers? (St. Louis Post-Dispatch)

The Missouri Public Service Commission is scheduled Wednesday to discuss a proposal that would prohibit payday lenders from accepting utility payments.

Despite reform, costly loans and credit cards still available (Sun-Sentinel)

Subprime credit cards, payday loans and prepaid cards all come with steep costs and interest rates You can still get credit if your finances are a mess. It will just cost dearly.

Despite Credit Card Reforms, Expensive Payday Loans, 'Subprime' Cards Still Remain (The Huffington Post)

NEW YORK -- (By CANDICE CHOI, AP) You can still get credit if your finances are a mess. It will just cost dearly.

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