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Posts Tagged “Interest Rates”

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Bill to cap rates on payday loans stalls in houseDenver PostA bill to significantly limit interest rates on payday loans stalled in the House on Friday as Democratic supporters struggled to find enough votes to pass …

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webmaster@technorati.com wrote an interesting post today on
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New hope for payday lendersArizona RepublicPayday-loan centers arrived in Arizona a decade ago after the Legislature approved a 10-year exemption to the state’s 36 percent cap on interest rates. …and more »

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webmaster@technorati.com wrote an interesting post today on
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PHOENIX (AP) — Another attempt is being made at the Legislature to keep the payday loan industry alive in Arizona. An amendment filed Friday for a Senate committee to consider Tuesday would repeal the current June 30 termination date now included in state law for the small short-term loans that are exempted from Arizona’s 36-percent cap on annual interest rates. Similar legislation was …

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webmaster@technorati.com wrote an interesting post today on
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PHOENIX (AP) — Another attempt is being made at the Legislature to keep the payday loan industry alive in Arizona. An amendment filed Friday for a Senate committee to consider Tuesday would repeal the current June 30 termination date now included in state law for the small short-term loans that are exempted from Arizona’s 36-percent cap on annual interest rates. Similar legislation was …

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webmaster@technorati.com wrote an interesting post today on
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Payday lenders only ones who can’t make money on 36 percent interest ratesIowa Independent“We can’t make a profit on 36 percent loans,” says Steven Schlein, a spokesman for the payday lending trade group, the Community Financial Services …Costly Cash: Don’t Expect Federal Regulators to Protect You From Payday Loans DailyFinanceThe CFPA Won’t Have Power Over Payday Lenders? Atlantic Online (blog)The payday lender CFPA carve-out Ethiopian Review Financial News USA (press release)  - Financial Times  - Daily Kos (blog)all 23 news articles »

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