Payday Loans New Hampshire Laws and Legislation
Payday loan company Advance America announced it plans to close the 24 payday loan centers it operated in the State of New Hampshire. The decision to close the payday loan centers in New Hampshire comes after approval of payday loan legislation that went into effect on January 1, 2009 that effectively prohibits the offering of the cash advance product in that state, and follows the Company’s previously announced decision to discontinue offering its line of credit product in New Hampshire as a result of an agreement with the state’s Bank Commissioner.
What is a Car Title Loan?
The term, “auto title loan” or “car title loan” is due to the practice of giving the lender the title to your car as collateral for the loan. If the loan is not repaid on time you risk losing your car. Auto title loans are also known as “pink slip loans” in some states because of the actual color of the car title (pink). Car title loans should not be confused with payday loans; they are two different animals.
Payday Loans Ontario Canada Board Recommends $21 per $100 Loaned
An independent advisory board has determined that the Ontario Province of Canada should place a maximum interest rate on all payday loans conducted in Ontario at $21 per $100 loaned.
Payday Loan Industry - Listen and Learn from a Payday Loan Industry Leader
QC Holdings, Inc. (NASDAQ: QCCO) announced that it will release its financial results for the three months and year ended December 31, 2008 prior to the opening of the markets on Thursday, February 12, 2009, and will discuss its results on a conference call on February 12, at 2:00 p.m. EST. Stockholders and other interested parties are invited to listen online at www.qcholdings.com or dial (866) 202-4683, passcode 37833917.
Payday Loan Industry-Outlaw Bikers Take Over Loan Biz
Motorcycle bikers are replacing the “mom-n-pop” payday loan locations that are going out of business because of new payday loan laws in Queensland.
