South Carolina Won’t Ban the Payday Loan

Payday loans fight back Cerberus in South Carolina
Roddie Burris of Columbia, South Carolina’s The State daily newspaper reports (href=”http://www.wcnc.com/6newsextra/investigators/stories/wcnc-030609-sjf-paydaylending2.d736883.html) that despite what appeared to be a solid support base against the payday loan industry in that state a year ago, recent votes have proven that not only has the industry [...]

Beware the Center For Responsible Lending, South Carolina!

Stimulus Ready for Obama | Economy to Get Cash Advances

Cash advances coming soon
Cash advances should be headed to states and programs soon. The only signature still needed on the economic stimulus package is the president’s.
The House of Representatives approved the bill with a 246-183 vote. At 10:48 ET, the Senate voted 60-38, barely passing the bill.
Cost cutting
The bill in [...]

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UPDATE: South Carolina Payday Loan Bill Passes House

The South Carolina House gets it
Your payday loan news source has been keeping an eye on the South Carolina legislature lately as it relates to short-term consumer lending. From the time that legislation was introduced to when it reached the House for a vote, we’ve been watching. House Speaker pro [...]

House members only

Congress Reaches Stimulus Deal | States to Get Cash Advances

Bill will give states a payday
States facing budget shortfalls could get big cash advances when President Barack Obama signs the economic stimulus bill.
The U.S. Senate and House of Representatives reached a consensus today on the stimulus package. The two houses are expected to hold final votes on the package before [...]

Senate Majority Leader Harry Reid

Economic Stimulus Update | From Online Payday Loan Source

Obama’s economic plan goes to the House
Your online payday loan source keeps you updated on the economy.
Progress is going forward on the president’s economic stimulus package. Barack Obama’s American Recovery and Reinvestment Plan will be reviewed by the House of Representatives on Wednesday.
Senate Finance and Appropriations committees, also on Wednesday, [...]

US Capitol in Washington, D.C. The building is...