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Ferratum warns against rogue payday loan firms

Consumers need to be on their guard against unscrupulous payday loan lenders who are stealing money from people’s accounts, says Ferratum.

Missouri Senator Calls For Changes To Payday Loan Laws

People Should Get 90 Days To Pay Them Off, 31 Is Current Law

State senator calls for changes to Missouri laws on payday loan

Missourians who take out payday loans could get more time to pay them off, under legislation put forth by a state senator.

Mo. senator calls for changes to payday loan laws

Missourians who take out payday loans could get more time to pay them off, under legislation put forth by a state senator.

Payday loans may outstrip credit cards – PwC

PwC warns mainstream lenders that customers are being increasingly drawn towards 'smaller, more agile loan providers' Payday lenders could overtake credit cards and become a mainstream method of borrowing, a report by one of the UK's leading accountancy firms has warned. PricewaterhouseCoopers (PwC) said that consumers unable to borrow from traditional lenders, including credit card companies ...

Payday loan practices 'unlikely to improve under new rules'

Consumer rights campaigners say more action is needed to stop consumers racking up huge debts Rules to improve lending practices by payday loan companies are unlikely to offer greater protection for customers in the near future, consumer rights campaigners have warned. An updated code of practice announced by the Finance and Leasing Association (FLA) includes limiting the number of times a ...

Instant money loans: Payday loan firms are ruining lives

And the payday loans industry, which is now worth £2 billion in the UK, is spending millions of pounds to woo young, working women who are feeling the pinch.

Mo. group focuses on payday loans, minimum wage

The Associated Press The Associated Press COLUMBIA, Mo. Two Missouri organizations are working together to push ballot measures seeking to cap payday loan interest rates and increase the state minimum wage. Missourians for Responsible Lending and Give Missourians A Raise kicked off the two initiative petition campaigns Saturday. The group Grass Roots Organizing hosted the joint event at the ...

Groups launch payday loan, minimum wage petitions

When Rep. Mary Still told a group of about 70 community activists Saturday that they have the power to rein in “predatory” payday lenders, a member of Grass Roots Organizing dressed as a shark circled around the Columbia Democrat who for two years has unsuccessfully sponsored legislation to reform the payday loan industry.

Arkansas AG sues payday lending websites

Arkansas Attorney General Dustin McDaniel has sued a Missouri man and two companies that control Internet payday loan websites which offer loans to consumers at interest rates exceeding 600 percent.

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