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Ban payday loans? Big mistake. - Christian Science Monitor

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Final step taken to cap interest in payday loan The Nashua Telegraph

CONCORD -- The House of Representatives took the final key step needed to adopt a interest rate cap on short-term loans given to consumers. Rep. David Smith and Sen. David Gottesman, both D-Nashua, championed the measure as it applies to payday and title
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Payday lenders facing closure Chillicothe Gazette

More than 30 people who work jobs at payday lending businesses in Chillicothe likely will lose their jobs if House Bill 545 passes the Ohio Senate. Local employees say their businesses help many people who can't get small short-term loans anywhere else.
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N.H. House sends payday loan interest rate cap to governor AP via Yahoo! Finance

New Hampshire is poised to cap payday lending, a move the industry says will put it out of business in the state. The House voted Wednesday to send a bill to Gov. John Lynch that sets a 36 percent interest rate cap on all small loans.
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We were disappointed to hear that a consumer-advocacy group dropped its support for the Stop payday loans ballot initiative authored by state Rep. Marian McClure, R-Tucson.
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Ban payday loans? Big mistake

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NH House sends payday loan interest rate cap to governor - Boston Globe

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House passes bill to cap payday loans at 36 percent New Hampshire Union Leader

The House put the final nail in the coffin of the payday lending industry, approving a Senate version of a bill yesterday that effectively closes their doors on Jan. 1, 2009.
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Payday lending bill is on hold The State

Credit counselors and others testified for an hour Thursday before a House subcommittee about problems created by payday lending, but a bill to restrict the two-week, high-interest loans will have to wait for a vote. About two weeks. S.C. Rep. Harry Cato,
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Tips: Dealing with payday loans - Chicago Tribune

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Ohio considering payday loan interest cap FOX Toledo

Following New Hampshire's lead, Ohio is considering capping payday lending loans at 28 percent. If the interest rate is capped, it will cause problems for those who borrow and those who lend. FOX Toledo's Shaun Hegarty reports.
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Illinois Law Leaves Loophole.

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Letters to the Editor The Christian Science Monitor via Yahoo! News

Should government regulate payday lending?Regarding Tim Miller's May 6 Opinion piece, "Ban payday loans? Big mistake.": Mr. Miller's willingness to assume borrowers' and lenders' responsibility is misplaced. As the subprime lending crisis so well illustr
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Effort to cap interest on payday loans dies

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Payday Loans Under Attack?? Again - American Chronicle

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Payday lending vote due in two weeks The State

Credit counselors and others testified for an hour today to a House subcommittee about problems created by payday lending, but a bill to restrict the two-week, high-interest loans will have to wait for a vote -- for about two weeks. S.C. Rep. Harry Cato,
http://www.thestate.com/breaking/story/399156.html

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Payday loan initiative may falter, division among supporters - Douglas Daily Dispatch

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PHOENIX ?? An initiative drive to put the payday loan industry out of business in Arizona may falter because of a split among supporters. Members of an organization dubbed ???Stop payday Predators???? announced Friday they are no longer backing the ini
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