Montana Payday Loan Law Fails

By | Feb 26, 2009

HELENA, Montana. Proposed payday loan laws failed in the Montana 2009 Legislature. The proposed bills, introduced by two liberal Democratic lawmakers, failed to reach the floor for debate thanks to a number of free trade thinking Republicans in the Montana legislature.

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Kentucky Payday Loan Laws

By | Feb 26, 2009

A bill sponsored by Rep. Johnny Bell, D-Glasgow, which would require pay day lenders to enter each transaction into a statewide data base passed out of the Banking and Insurance Committee on Wednesday.

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CSO-Credit Services Organization for Payday Loans & Car Title Loans

By | Feb 22, 2009

The Credit Services Organization, often referred to as a CSO, is becoming popular in states like Texas for offering payday loans and car title loans. The reason? The state of Texas simply requires a “registration” of a business as a CSO rather than applying for a payday loan or car title loan license.

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Payday Loans: Ohio Still going Strong

By | Feb 21, 2009

Although Ohio voters supported a measure to reduce payday loan maximum Annual Percentage Rates to 28%, the payday loan industry is still going strong in Ohio.

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Payday Loans & the Devil! Payday Loan Fans Gotta Get in the Trenches

By | Feb 18, 2009

Lizard, “But in your blind rage you seem to forget not everyone in the payday loan industry are slime-devils.”

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