Ohio payday lender cuts jobs, blames new regulations
The payday lending business Community Choice Financial Inc. claims to be letting go of employees due to impending restrictions on the industry.
Payday Lenders Keep Evading Their Regulators. Can Anyone Stop Them?
The article highlights how loopholes in payday lending regulations allow lenders to thrive despite restrictions.
Gallipolis Daily Tribune
Protecting Ohioans from predatory loans
Senator Sherrod Brown discusses the payday lending problem and the upcoming payday lending rule from the CFPB.
Black Christian News Network
Black Leaders in Kansas Reach Agreement on Legislative Agenda
Members of the Kansas Black Leadership Council gathered to discuss a legislative agenda to tackle measures such as repealing restrictive laws on voting, expanding Medicaid, and restricting payday lending in the state.
San Jose Mercury News
Campbell adds new restrictions for payday lenders in the city
The Campbell City Council voted to further restrict payday lending in an effort to protect the city’s vulnerable consumers.
Don’t promote payday loans
The article highlights the predatory nature of payday loans, describes barriers to the industry in Pennsylvania, and discourages the promotion of payday loans.
Springfield church, credit union create payday loan alternatives for area poor
The article describes two programs established to offer safer and more affordable alternatives to payday lending in an effort to relieve financial burdens on socioeconomically disadvantaged residents.
EDITORIAL: Regulating predatory practices of payday lenders should be discussed, debated
The author argues for regulations on payday lending in Waco, citing the predatory practices targeting the city’s consumers.
The Dallas Morning News
Editorial: Taking a bigger bite out of payday lending
The Community Loan Center of Dallas offers short term loans with low interests rates to consumers in need as alternatives to payday loans.
Who do you trust with your money: The post office or Walmart?
In highlighting the debt traps faced by consumers who turn to payday lending for short term loans, the article weighs the possibilities of either the U.S. Postal Service or Walmart offering banking services to consumers in need.
Where to Cash a Check Without Paying High Fees
The article offers alternative options for check cashing, citing high fees demanded by payday lending stores.