Illinois payday lender sues, calling reforms unconstitutional

Illinois Lending Corp. is suing so that a provision within the Illinois Payday Loan Reform Act can be blocked. It's a Constitution argument.
A law stamped “Unconstitutional” in large letters.

Iowa Catholic Conference pursues payday lending limits

The Iowa Catholic Conference should say what it means. A 36 percent APR payday loan cap would shut down the industry, not make it better.
E. 38th St and Mass Ave.: Former Roselyn Bakery at the corner of E. 38th St. and Massachusetts Ave. in Indianapolis.

Missouri House Bill 132 stifles free market competition

Rep. Mary Still (D-Mo.) is pushing House Bill 132, which would place an untenable cap on payday loans and cost jobs in the process.
A rolled-up dollar bill sitting upright on a table.

Where Is The Best Place To Get Payday Loans Online and Why?

There are all kinds of reasons why you would want to get a loan online but what should you know about payday loans first?
There are all kinds of reasons why you would want to get a loan online but what should you know about payday loans first?

Rate caps on cash advance lenders benefit no one

Legislative rate caps on cash advance lenders are common. However, they use unfair standards and bad math to assess what's fair to charge.
Cap

Payday loan employees fear for their jobs

A recent poll by the website AboutPaydayLoans.com indicates that cash advance company employees are worried about the Financial Reform Bill.
Black-and-white close-up of a man with his face buried in his hands in an expression of angst.

UK Office of Fair Trading says no to payday loan rate cap

The United Kingdom's Office of Fair Trading has ruled that a payday loan rate cap is unnecessary and would harm free market competition…
A T-shirt parody of the "Enjoy Coke" logo. This shirt reads "Enjoy Capitalism." Part of capitalism is a free market economy that would not restrict the payday loan with unnecessary (or even harmful) rate caps.

Why Borrow Money On Installments To Keep From Defaulting On Bills And Ruining Your Credit?

Many people are shocked at how damaging it is to have a low credit score. Many though have found a temporary solution with installment loans.
Many people are shocked at how damaging it is to have a low credit score. Many though have found a temporary solution with installment loans.

Manitoba’s Judgment of Payday Loans Ignores Reason, Commerce

If the free market was allowed to regulate itself, we wouldn’t be talking about nanny states so much in regards to payday loans. READ about Manitoba here.
Payday loans are heavily regulated in the Canadian province of Manitoba. This flies in the face of reason, as 310-LOAN's executive study indicates. (Photo: picasaweb.google.com)

Shots Fired on Ohio’s Payday Loan Battleground

If you thought Ohio lawmakers were satisfied with their smack down of payday loans, think again. They're continuing to grind away at consumer choice.
Payday loans in Ohio still exist, but the opposition continues to bulk up for the next battle. (Photo: Wikipedia.org)