Important long term payday loans Information




Bill targets payday lending loophole (Finance and Commerce)

Ron Elwood knows what it’s like to tilt at windmills. And for the third straight year, Elwood, an attorney for the Legal Services Advocacy Project in St. Paul, is tilting at a very large, well-funded windmill known as the payday loan industry.

Macquarie trust fails to delay payday (Business Day)

Macquarie Group faces more property headaches after banks refuse to roll over nearly $100m worth of debt for Macquarie DDR Trust.

Macquarie trust fails to delay payday (Brisbane Times)

MACQUARIE GROUP faces more property headaches after banks refused to roll over nearly $100 million worth of debt for the listed Macquarie DDR Trust, just weeks before the facility is due to be repaid.

Banks now offering payday loans (WTHR Indianapolis)

Some major banks are getting into the payday loan business.

Profiting From Recession, Payday Lenders Spend Big To Fight Regulation (The Huffington Post)

What's Your Reaction? The influential $42 billion-a-year payday lending industry, thriving from a surge in emergency loans to people struggling through the recession, is pouring record sums into lobbying, campaign contributions, and public relations - and getting results.

Profiting From Recession, Payday Lenders Spend Big to Fight Regulation (CommonDreams.org)

by Keith Epstein The influential $42 billion-a-year payday lending industry, thriving from a surge in emergency loans to people struggling through the recession, is pouring record sums into lobbying, campaign contributions, and public relations – and getting results. As the Senate prepares to take up financial reform, lobbyists are working to exempt companies that make short-term cash loans from ...

Payday lenders contributed to Sheridan-controlled fund (Milwaukee Journal Sentinel)

Payday lenders pumped $10,500 into a campaign committee controlled by Assembly Speaker Mike Sheridan (D-Janesville) just before and after he announced he no longer supported clamping a 36% annual interest rate cap on the industry, a report released Monday shows.

Cash Doctors Australia Extends $2 Payday Loans Offer Indefinitely Due To A Huge Increase In Product Demand (PRWeb)

Cash Doctors, Australia's leading online payday loans and cash advance provider, responds to increasing market demand by extending their $2 first time loan offer. Borrowers who have not had a cash advance before with the company can access a payday loan and repay only $2 more than they borrow. (PRWeb Feb 28, 2010) Read the full story at http://www.prweb.com/releases/Cash-Doctors ...

Cash Doctors Australia Extends $2 Payday Loans Offer Indefinitely Due To A Huge Increase In Product Demand (PRWeb via Yahoo! News)

Cash Doctors, Australia's leading online payday loans and cash advance provider, responds to increasing market demand by extending their $2 first time loan offer. Borrowers who have not had a cash advance before with the company can access a payday loan and repay only $2 more than they borrow.

Banks may use payday-style loans to replace lost fees (Pittsburgh Post-Gazette)

U.S. banks, threatened by new limitations on overdraft fees, may look to short-term products similar to "payday" loans to help replace as much as $20 billion in lost revenue.


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