Minuscule town raided by FBI
insman, Illinois is a sleepy little town with a population just over 100. It’s about 50 miles southwest of Chicago, and there isn’t much there, not even a gas station or a single cash advance store. All that’s in the town is a church, a Post [...]
Payday loan robbers abound
The payday loan police have been pretty busy lately, tracking down and locking up men who are suspected of robbing multiple businesses, including several payday loan stores.
The first payday loan store robbery story I have for you comes out of Indiana, where a man is accused of [...]
Best places to live in 2009
Every year, CNN’s Money Magazine names the best places to live. Today, the list of the 100 best small towns in the United States were published at money.cnn.com.
“Small towns,” according to Money Magazine, are places with populations of 50,000 or fewer. Rather than just rehash [...]
Gun? Check. Baby? Check.
I guess this pair of robbers couldn’t get a baby-sitter. The most recent in a string of nationwide payday loan store robberies had an interesting twist.
The man who demanded money at the Texas payday loan store held a gun. The woman with him, his suspected accomplice, held [...]
Suspects still at large
A robbery in Moreno Valley at an Advance America payday loan store was captured on video, thanks to the company’s security cameras. Though the tapes caught the two men involved in the crime on film, the police haven’t identified them yet.
Video released
Stills from the video cameras have [...]
The robbery trend continues
Another payday loan store has been held up by robbers, this time is Waukegan, Ill., near Chicago.
Police say they are seeking two men. The robbery occurred Tuesday shortly before 10 a.m.
What went down
Witnesses say one man waved a gun in the air while another went behind the [...]
Nevada Security Savings Bank shuttered
Only two months into the year, already 16 banks in the United States have been shut down. Nevada Security Savings Bank closed its doors Friday.
Regulators shut down the bank and turned deposits over to the Bank of Nevada, based in Las Vegas. Security Savings Bank had $175.2 [...]
Candidate has record with payday lenders
John Fritchey, candidate in the Illinois 5th Congressional District race, got an endorsement from the AFL-CIO today. The organization cited his voting record regarding payday loan reform and other financial legislation among its reasons for endorsing him.
Obvious answer for skeptics
Fritchey in the past has voted [...]
Zone in on the benefits of the payday loan
A recent opinion piece in Springfield, Illinois’ The State Journal-Register – “Our Opinion: Will payday loan law help MacArthur?” – we hear even more bleating in the endless drone over payday loan store zoning.Supporters of a recently passed 1,500-foot minimum restriction between [...]
Payday loans for a healthy Illinois
The Illinois legislature – a cobra in the grass, coiled and waiting to strike – still thinks that Payday loans are the disease. But in fact, they’re the cure.
Just before being kicked out the door, defeated Illinois State Representative hopeful Joan Krupa of Peoria introduced [...]
Looks like Governor Blagojavich is digging in his heels as his much anticipated payday did not come through and he may need payday loans. Lawmakers are considering all options – – including impeachment.
WHAT NOW?
Image by Getty Images via Daylife
It seems that there is no lack of fodder for the newspapers [...]