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CashAdvance.com Unveils Nevada Loan-Process Resource – SBWire (press release)

February 22, 2012

CashAdvance.com Unveils Nevada Loan -Process Resource SBWire (press release) Los Angeles, CA — (SBWIRE) — 02/22/2012 — CashAdvance.com announces the launch of its new Loan Process page, designed to educate Nevada consumers about the payday loan industry and the process of getting a short-term loan.

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USAPayDayLoan.com’s Brand New Educational Resources Promote Responsible Borrowing – PR Web (press release)

February 22, 2012

USAPayDayLoan.com's Brand New Educational Resources Promote Responsible Borrowing PR Web (press release) USAPayDayLoan.com takes the loan process very seriously, and is committed to helping consumers engage in the safest, most responsible borrowing habits possible. USAPayDayLoan.com announces a new “How to” article aimed at demystifying the payday lending …

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San Mateo County is Drafting Law to Regulate Future Payday Lending Businesses – LoanSafe

February 22, 2012

San Mateo County is Drafting Law to Regulate Future Payday Lending Businesses LoanSafe California allows payday lenders to charge a 15 percent fee for short-term loans of up to $300. Critics contend the practice exploits customers too cash-strapped to escape the cycle of mounting debt while supporters counter it offers a last resort for ..

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Authorities: Debt-collector scam bilked millions – Boston.com

February 22, 2012

Authorities: Debt-collector scam bilked millions Boston.com Callers drew on personal data snatched from payday loan websites, Federal Trade Commission official Steven Baker said. More than 20 million calls may have been placed over the past two years, with collectors demanding between $300 and $2000 per call.

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San Mateo County is drafting law to regulate future payday lending businesses – San Jose Mercury News

February 22, 2012

San Mateo County is drafting law to regulate future payday lending businesses San Jose Mercury News California allows payday lenders to charge a 15 percent fee for short-term loans of up to $300. Critics contend the practice exploits customers too cash-strapped to escape the cycle of mounting debt while supporters counter it offers a last resort for …

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Federal Trade Commission chases phantom debt collectors with lawsuit filed in … – Chicago Tribune

February 22, 2012
Federal Trade Commission chases phantom debt collectors with lawsuit filed in … – Chicago Tribune

Hindu Business Line Federal Trade Commission chases phantom debt collectors with lawsuit filed in … Chicago Tribune The scam operators often pretended to be law enforcement officers or government authorities and would threaten to arrest and jail consumers if they refused to make a payment on a delinquent payday loan .

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Authorities: International bogus debt-collector scam swindles millions from US … – Washington Post

February 22, 2012
Authorities: International bogus debt-collector scam swindles millions from US … – Washington Post

Los Angeles Times Authorities: International bogus debt-collector scam swindles millions from US … Washington Post Callers drew on personal data snatched from payday loan websites, Federal Trade Commission official Steven Baker said. More than 20 million calls may have been placed over the past two years, with collectors demanding between $300 and $2000 per call

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4th District Democrats for payday lending reform – Buffalo Reflex

February 21, 2012

4th District Democrats for payday lending reform Buffalo Reflex 12, to adopt a resolution in support of an initiative campaign and/or legislation to lower the payday lending rates from the current 1900 percent limit to 36 percent. The resolution reads: “The 4th Congressional District Democratic Committee supports …

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Federal officials shut down California debt collection companies – Los Angeles Times

February 21, 2012
Federal officials shut down California debt collection companies – Los Angeles Times

Los Angeles Times Federal officials shut down California debt collection companies Los Angeles Times Often posing to be law enforcement officers or other government officials, callers from India threatened the victims with arrest, lawsuit or the loss of their job if they didn't repay online payday loans . The companies, American Credit Crunchers and an …

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Payday Express makes British Heart Foundation charity of the month – PR Urgent (press release)

February 21, 2012

Payday Express makes British Heart Foundation charity of the month PR Urgent (press release) Payday loans company Payday Express has made British Heart Foundation its charity of the month for February – a choice inspired by St Valentine's Day. Payday loans company Payday Express has made British Heart Foundation its charity of the month for … and more

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