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Financially Desperate People Turning to Payday Loans (KLAS Las Vegas)
While some businesses are closing their doors, payday loan stores are thriving in these tough economic times. People are using the fast cash approach to pay bills, buy food, even make their house payment.
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Ann Fisher commentary: Reformed loan shark sinks teeth into Issue 5 (The Columbus Dispatch)
I caught up with Shady Shark by telephone last week. I had to throw my cell phone at him to get his attention in the City Center pool, where he cooled his fins after appearing at a payday-loan industry event.
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Arizona, Ohio payday loan battleground states (Tucson Citizen)
COLUMBUS, Ohio — The payday loan industry is bankrolling ballot issue campaigns in Ohio and Arizona to preserve the average 391 percent annual interest rates they charge, as the two states become the focus of industry watchers and consumer advocates.
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'Easy Money' easy on the eyes (New York Daily News)
Blue-collar dramas can run the risk of devolving into trashfests, serving up formula jokes about trailer parks, and "Easy Money" seems to flirt with that notion in the opening minutes of its debut episode Sunday night.
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You Can Weather the Economic Storm (Entrpreneur.com)
Attention to product price sensitivity and financial creativity can help you thrive in any economy.
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NYS Consumer Protection Board issues "fiscal crisis watch list" for consumers (press release) (WIVB Buffalo)
Even with today's Congressional approval of a $700 billion bailout package, the current fiscal condition has many consumers worrying about their fiscal health. Therefore, consumers may be left vulnerable to opportunistic individuals who try to capitalize on the economic crisis with "get rich quick," lending and other scams.
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Amidst economic crunch, Utahns utilizing non-traditional financing (Vernal Express)
Wall Street and large lending institutions aren’t the only ones feeling the economic crunch.
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Ad watch: Payday loan's 'Big Brother' TV commercial (The Columbus Dispatch)
The ad: "Big Brother"
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All eyes on payday lending struggle in Ohio, Ariz. (Lexington Herald-Leader)
The payday loan industry is bankrolling ballot issue campaigns in Ohio and Arizona to preserve the average 391 percent annual interest rates they charge, as the two states become the focus of industry watchers and consumer advocates. The industry is trying to get an initiative on the November ballot in Ohio to overturn a new law that would cut their annual interest rate to 28 percent. ...
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Living the subprime dream (St. Joseph News-Press)
The sign on the refrigerator in the office break room offers a firm rebuke. “Everyone works hard for their money,” it states. “Please only eat what you have brought in for yourself.”
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