Texas Payday Loan News for May 14, 2014 Texas Payday Loans May 14, 2014 0 982 Payday Lending by Gordon Atkinson Powered by Report highlights the harm caused by payday lenders – The Star From www.thestar.co.uk - Today, 10:07 AM The Star Report highlights the harm caused by payday lenders The Star The pressure is building on payday lenders after a damning report found they were doing ‘enormous detriment and harm’. Can banks provide an alternative to payday loans? Local lenders aim to attract … – The Times-Picayune From www.nola.com - May 12, 1:51 PM Can banks provide an alternative to payday loans? Local lenders aim to attract … The Times-Picayune Alden McDonald Jr., president and CEO of Liberty Bank, stands outside one of its open branches at 3002 Gentilly Blvd in August 2006. New study shows that Texas payday loans are in some ways nation’s most expensive From www.elpasotimes.com - April 30, 8:59 AM AUSTIN – As a new national report indicates that Texas payday loans are in some ways the nation’s most expensive, an El Paso lawmaker is vowing to carry on the fight for greater regulation of the industry when the Legislature convenes in January. Senate rejects payday loan bill – The Advocate From theadvocate.com - April 30, 8:57 AM Senate rejects payday loan bill The Advocate An effort to put limits on “payday” loans in Louisiana died Tuesday in the state Senate after some twists and turns. Senate Bill 84 fell six votes short on a 20-17 vote. New York State Makes New Efforts to Combat Payday Lenders – New York Times From dealbook.nytimes.com - April 30, 8:56 AM New York Times New York State Makes New Efforts to Combat Payday Lenders New York Times Payday lending, which is illegal in New York State, has managed to pop back up through online sites, Native American affiliations and, now, through the use of… Ministers push for limit on payday loans From www.theadvertiser.com - April 24, 3:51 PM Armed with Bibles with inserts marking scripture critical of usury and taking advantage of the poor, clergy of almost all denominations and citizen groups encouraged state lawmakers Wednesday to clamp down on payday loan operations. Former anti-payday loan campaigner joins Wonga as PR head – The Independent From www.independent.co.uk - April 17, 2:49 PM The Independent Former anti-payday loan campaigner joins Wonga as PR head The Independent The criticism that payday lenders, including Wonga, have been under was brought to the fore by StepChange in February, when it revealed there had been an 82… Bill limits number of pay day loans – Daily Comet (blog) From www.dailycomet.com - April 17, 2:31 PM Bill limits number of pay day loans Daily Comet (blog) BATON ROUGE — Now that lawmakers have shot down efforts to cap annual interest rates for payday loans, supporters for stricter regulations of the storefront lenders are rallying behind another… One last hurdle for payday lending reform in Minnesota From www.startribune.com - Today, 10:05 AM On Monday, Gov (One last hurdle for payday lending reform in Minnesota – Minneapolis Star Tribune http://t.co/KhX01mJpJt http://t.co/t8IoAdTccM)… Nevada Lacks Payday Loan Regulations – KNPR From www.knpr.org - May 12, 1:43 PM KNPR Nevada Lacks Payday Loan Regulations KNPR When you drive down the street in Las Vegas, you see them everywhere: businesses with names like Rapid Cash, Check City or Advance America, promising you easy money. LendUp nabs $50 million for better payday lending – Silicon Valley Business Journal From www.bizjournals.com - April 30, 8:58 AM LendUp, an Internet startup aiming to disrupt the payday lending industry, has raised $50 million as it works to provide better products for unbanked people. Missouri House passes payday loan changes – Springfield News-Leader From www.news-leader.com - April 30, 8:56 AM Missouri House passes payday loan changes Springfield News-Leader (AP) — Missouri’s House on Tuesday passed a bill that would change the payday loan industry, a measure supporters called “true reform” designed to protect borrowers of the small,… Proposed Payday Loan Ordinance – Permianbasin360 From www.permianbasin360.com - April 24, 3:52 PM Proposed Payday Loan Ordinance Permianbasin360 MIDLAND, TX (Big 2 News)-A push to prevent predatory lending in Midland is underway. Vermont Attorney General wins $1M settlement against ‘payday’ lenders – vtdigger.org From vtdigger.org - April 24, 3:49 PM Vermont Attorney General wins $1M settlement against ‘payday’ lenders vtdigger.org The Western Sky loan with the Woods was illegal, according to Bill Sorrell, the Vermont attorney general. Interfaith seeks support for payday lending reforms – Shreveport Times From www.shreveporttimes.com - April 17, 2:33 PM Interfaith seeks support for payday lending reforms Shreveport Times SB 84, which would cap at 10 the number of payday loans one person could take out in a year’s time, is expected to be heard on Monday in the Senate Finance Committee. Georgia Voices: Payday loans sinkholes for wallets – Cherokee Tribune From cherokeetribune.com - April 17, 2:31 PM Georgia Voices: Payday loans sinkholes for wallets Cherokee Tribune The Consumer Financial Protection Bureau, a federal watchdog group, reported last week that about half of all payday loans are made to people who extend the loans so many times… Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.