He’s dead inside… and C Street House knew before his wife
There’s something dreadfully wrong with that. That C Street House, C Street Band, The Family, or whatever you want to call them knew that South Carolina Governor Mark Sanford was having an affair with Argentine reporter Maria Belen Chapur. The [...]
He’s a travelin’ man
Not all political leaders in America were fans of the recent bailout program rolled out by President Obama. South Carolina Governor Mark Sanford fought lawmakers over accepting the cash advance, but in the end he lost a long, hard-fought legislative battle over the bill that’s likely loaded [...]
Suspect carried gun
Police say an EZ Payday Loan location in Kansas City has been robbed twice within the last week.
The most recent robbery was Saturday, when the suspect used a semi-automatic black handgun to hold up the store.
Suspect description
Employees of EZ Payday loan report that a man fitting the same [...]
Cross-country crime
For a while, all was quiet on the “payday loan store robbery” front. However, yesterday I got reports of two robberies — in different states.
The first, in which a payday loan store in South Carolina was robbed, fit the regular description of a payday loan store robbery. However, a [...]
Payday loans a tough business
Last year, the Ohio payday lending industry and its advocates fought to get harsh restrictions in the state overturned, but the policies stayed put.
This year, more than a third of the payday loan businesses in the state have closed down, much to the dismay of their [...]
Short-term loans a controversial issue
A debate over payday cash advance loan laws is heating up in the South Carolina legislature this week. The issue has grown so contentious that a South Carolina newspaper, The State, says it might not be possible to pass a bill this week.
Details on the bill
The [...]
Payday loan restrictions too much
Legislators have been laying the smack down on the payday loan industry in South Carolina lately. However, today it appears they might be willing to ease up a bit.
The regulations moving through the Senate included a provision that limits the total amount of a payday loan [...]
The unemployment rate soars in four states
For those who still have a job, an installment loan may help you pull through the staggering economy. For those who have had to take pay cuts in order to retain their jobs, you are luckier than many. California, South Carolina, Michigan and Rhode [...]
State runs out of benefits
Indiana unemployment hit 9.2 percent in January. That’s more than a full percentage point higher than the national rate. It’s also just shy of the dreaded double-digit mark, which has already hit in Michigan, Rhode Island, California and South Carolina.
The state’s unemployment benefits fund has already [...]
Kentucky bars new businesses
Kentucky lawmakers signed new regulations on payday lenders into law today. Now they are just waiting for the governor’s signature on the legislation.
One provision in the bill places a 10-year moratorium on new payday lenders moving into the area.
Statewide database
The new laws also require a database that [...]
5.1 million drawing unemployment in U.S.
In December, only Michigan had an unemployment higher than 10 percent. In January three more states joined that club: Rhode Island, California and South Carolina. Nationwide, 5.1 million people are collecting state unemployment benefits.
Some economists have expressed concerns that the national unemployment rate would reach [...]
Go ahead, show us your true colors
That’s exactly what Rock Hill, South Carolina’s The Herald newspaper is doing when it comes to their payday loans reporting. Their staff opine that the recent bill that passed the S.C. House is “toothless” and does not protect consumers from supposedly “predatory” lenders. Of [...]
There’s a bill on Payday loans in South Carolina
If I live in South Carolina, should I look elsewhere to get my payday loans? It looks like I should, that is if I want more than one loan. Taking multiple loans has been banned here by the legislature and the bill [...]
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 [...]
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 [...]
South Carolina payday loan bill “balanced”
Harry Cato, the speaker pro tem of South Carolina’s House of Representatives, recently contributed an opinion piece to the Spartanburg Herald-Journal in which he agrees with the payday loan reform bill that has found heavy support in the General Assembly. He respects the [...]
Payday loan reform a hot topic
Montana is joining the ranks of states looking to impose an interest rate cap on payday advance loans. The state’s House Business and Labor Committee held a hearing today on a bill that would put a limit of 36 percent on payday loans.
Several states, including [...]
A payday loan in South Carolina sounds fine
South Carolina’s The State newspaper reports that recently introduced payday loan legislation has made it to the state House for debate. Changes were not recommended beforehand, which is a positive sign for payday loan supporters.
To recap, the bill would limit consumers to no [...]
Payday loans are hot in South Carolina
Unlike neighbors North Carolina and Georgia, South Carolina is out to show that payday loans can work well for their economy. Legislation being introduced in Columbia will not cap rates at ridiculously low levels or otherwise ban the loans, but improve the consumer experience [...]