Topic: Check Cashing and Coin Conversion Services

Court: Payday lending law violated constitution

<div id="subtitle">Arkansas Supreme Court rules that payday lending law violated state constitution</div><div><p>A 1999 state law allowing so-called payday lenders to charge high fees for short-term loans violates the state constitution, the Arkansas Supreme Court ruled Thursday ...
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All eyes on payday lending struggle in Ohio, Ariz.

<div id="subtitle">Ohio and Arizona become the focal points in national debate over payday lending industry</div><div><p>The payday loan industry is bankrolling ballot issue campaigns in Ohio and Arizona to preserve the average 391 percent annual interest rates ...
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Payday Lenders Target Seniors

<div id="subtitle">Report finds lenders clustering near senior housing</div><div><p>Predatory lenders are zeroing in on the elderly and disabled, targeting their government-backed Social Security payments,The Wall Street Journal reports. </p><p>"These people ...
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Pennsylvania Class Action Challenges Payday Lender

<div id="subtitle">Lenders Fight Back</div><div><p>A Philadelphia woman has filed a multi-million dollar class action lawsuit against a Utah-based lender that makes payday loans through numerous Internet sites.</p><p>According to the suit ...
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