Cash Advance News Jul 2007

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U.S. Stocks Gain on M&A; GlobalSantaFe, Merck & Co. Advance
July 23 (Bloomberg) -- U.S. stocks rallied the most in a week on $35 billion in acquisitions and earnings that topped analysts' estimates at Merck & Co. (Mon, 23 Jul 2007 19:29:47 GMT)

BLACK CAUCUSD SAYS CRITIC ''RACIALLY DIRECTED''. WEEK OF JULY 12-18, 2007
Joe Sinsheimer has two simple, yet very compelling reasons why he worked so hard to oust former NC House Speaker Jim Black from power. (Mon, 23 Jul 2007 20:12:43 GMT)

U.S. Stocks Gain on M&A; GlobalSantaFe, Merck & Co. Advance
July 23 (Bloomberg) -- U.S. stocks rallied the most in a week on $35 billion in acquisitions and Merck & Co.'s better- than-forecast earnings. (Mon, 23 Jul 2007 20:25:34 GMT)

Metals, Energy Futures Fall
Gold prices fell Monday in tandem with the rising U.S. dollar as some traders decided to cash in some of their profits from the metal's big advance last week. (Mon, 23 Jul 2007 20:39:49 GMT)

U.S. Stocks Gain on M&A, Earnings; GlobalSantaFe, Merck Advance
July 23 (Bloomberg) -- U.S. stocks rose as $35 billion in acquisitions and Merck & Co.'s better-than-forecast earnings carried the Standard & Poor's 500 Index and Dow Jones Industrial Average to the steepest gains in a week. (Mon, 23 Jul 2007 21:29:47 GMT)

QC Holdings, Inc. Schedules Second Quarter 2007 Earnings Conference Call
OVERLAND PARK, Kan.----QC Holdings, Inc. announced that it will release its financial results for the three and six months ended June 30, 2007 prior to the opening of the markets on Thursday, August 2, 2007, and will discuss its results on a conference call on August 2, at 2:00 p.m. (Mon, 23 Jul 2007 21:30:00 GMT)

NC ''BLACK'' CAUCUS AND OTHERS TAKING THE ENEMY'S MONEY'', WEEK OF JULY 19-25, 2007
Are North Carolina legislators, and specifically several members of the NC Legislative Black Caucus (NCLBC), taking campaign money from executives and the political action committees (PACs) of payday lenders, and subprime mortgage companies – companies reportedly responsible for the foreclosure of hundreds of black-owned homes across the state? (Mon, 23 Jul 2007 23:42:43 GMT)

No one to face charges in cash for honours inquiry
The Crown Prosecution Service has told Scotland Yard that no charges will be brought against the three people arrested in the cash for honours inquiry, bringing to an end a 16-month inquiry that cost £800,000 and rocked the Labour party. (Tue, 24 Jul 2007 02:09:04 GMT)

ID protection firm's CEO becomes a theft victim
The chief executive of an identity theft prevention company said he had his identity stolen by a Fort Worth man who obtained a $500 payday loan in his name. (Tue, 24 Jul 2007 04:44:20 GMT)

Four common money mistakes
Feel like your wallet is always empty? Avoiding costly money mistakes is one of the best ways to stretch what you've got – each penny you avoid throwing away senselessly is a small step towards reaching your financial goals. Watch out for these common money traps. (Tue, 24 Jul 2007 07:01:57 GMT)

Shun those overdraft loans
How's this for loan terms? You borrow $100 for two weeks and you're charged an annual interest rate of 884 percent. (Tue, 24 Jul 2007 07:31:18 GMT)

Global Cash Access Holdings, Inc. Announces Departure of Chief Financial Officer
LAS VEGAS----Global Cash Access Holdings, Inc. announced today that the employment of its Chief Financial Officer, Harry C. Hagerty III, will terminate on July 27, 2007. Kirk Sanford, Chief Executive Officer, will assume the office of Chief Financial Officer on an interim basis upon the termination of Mr. (Tue, 24 Jul 2007 09:45:00 GMT)

Global Cash Access CFO Leaving
Global Cash Access Holdings Inc., which provides ATM and cash advance services to casinos, said Tuesday that Chief Financial Officer Harry C. Hagerty III will leave the company on Friday. (Tue, 24 Jul 2007 12:15:10 GMT)

Cash America International, Inc. Second Quarter 2007 Earnings Conference Call
FORT WORTH, Texas----Cash America International, Inc. , a provider of specialty financial services to individuals, will hold its quarterly conference call to discuss Second Quarter 2007 results on Thursday, July 26, 2007, at 4:45 p.m. (Tue, 24 Jul 2007 14:52:00 GMT)

Is Your Bank Out to Get You?
Are bank overdraft charges designed to drive you into debt? (Tue, 24 Jul 2007 16:01:07 GMT)

HOME PAGE
‘Accredited loan providers’ mooted Mumbai, July 24 A technical group set up by the Reserve Bank of India has suggested the creation of a new class of moneylenders called “Accredited Loan Providers”.Unlike the traditional moneylenders, these new breed of ... (Tue, 24 Jul 2007 18:32:17 GMT)

EZCORP and NetSpend Collaborate on Debit Card With Built-in Overdraft Protection
EZCORP, Inc. , an Austin, Texas based provider of short-term consumer cash solutions, is collaborating with NetSpend Corporation, one of the premier providers of prepaid solutions in the United States, to make available its ALL-ACCESS® MASTERCARD Prepaid Card to consumers at more than 390 EZMONEY loan services stores across ten states. (Tue, 24 Jul 2007 21:30:00 GMT)

EZCORP and NetSpend Collaborate on Debit Card With Built-in Overdraft Protection
AUSTIN, Texas, July 24 /PRNewswire/ -- EZCORP, ( Nachrichten ) Inc. , an Austin, Texas based provider of short-term consumer cash solutions, is collaborating with NetSpend Corporation, one of the premier providers of prepaid solutions in the United States, to make available its ALL-ACCESS(R) MASTERCARD Prepaid Card to consumers at more than 390 EZMONEY loan services stores across ten states. (Tue, 24 Jul 2007 21:35:08 GMT)

President pushes Iraq security plan
President Bush traveled Tuesday to a military cargo facility in South Carolina and cited declassified intelligence showing that al-Qaeda terrorists want Iraq for a new base of operations. It is one of several arguments he plans to make in advance of a mid-September progress report on his Iraq security plan. (Wed, 25 Jul 2007 00:22:57 GMT)

The Venetian Macao Engages Global Cash Access to Provide State-of-the-Art Cash Access Services
GCA (Macau) S.A., a subsidiary of Global Cash Access Holdings, Inc. (NYSE: GCA), will provide state-of-the-art cash access services to The Venetian Macao Resort-Hotel, a Las Vegas Sands Corp. property. (Wed, 25 Jul 2007 02:45:00 GMT)

Inflation Versus Exchange Rate: RBNZ Between a Rock and a Hard Place
The past week has witnessed tension mount in advance of the RBNZ official cash rate announcement due at 1700 GMT, and as a consequence market sentiment has vacillated from bullish to bearish, sending the Kiwi past 0.8100 USD and back.Headlines Speculation Runs Rife In Advance of RBNZ?s Rate Decision Today Analysts and investors are feverishly trying to second-guess the next interest rate decision ... (Wed, 25 Jul 2007 07:21:45 GMT)

The Venetian Macao Engages Global Cash Access to Provide State-of-the-Art Cash Access Services
LAS VEGAS----GCA S.A., a subsidiary of Global Cash Access Holdings, Inc. , will provide state-of-the-art cash access services to The Venetian Macao Resort-Hotel, a Las Vegas Sands Corp. property. (Wed, 25 Jul 2007 12:45:00 GMT)

The Venetian Macao Engages Global Cash Access to Provide State-of-the-Art Cash Access Services: First Casino Scheduled ...
GCA (Macau) S.A., a subsidiary of Global Cash Access Holdings, Inc. (NYSE: GCA), will provide state-of-the-art cash access services to The Venetian Macao Resort-Hotel, a Las Vegas Sands Corp. property. (PRWeb Jul 25, 2007) Post Comment:Trackback URL: http://www.prweb.com/pingpr.php/WmV0YS1Qcm9mLUluc2UtU3F1YS1UaGlyLVplcm8= (Wed, 25 Jul 2007 13:08:30 GMT)

Predatory Lenders Bite Back
Think North Carolina cut its ties to payday loans? Think again.... By Karen Shugart.Consumer groups cheered when payday lenders were booted from North Carolina, but that doesn't mean the high-interest loans no longer have local ties. [image-1]Two of Charlotte's economic giants, Bank of America and Wachovia, bankroll some payday lenders -- the same lenders whose operations high-ranking officials ... (Wed, 25 Jul 2007 18:45:54 GMT)

Advance America Earnings Per Share Increase 18.8% During Second Quarter
Advance America, Cash Advance Centers, Inc. today reported the results of its operations for the second quarter and six months ended June 30, 2007. (Wed, 25 Jul 2007 20:30:00 GMT)

Reliance's Kela Gets `Rock Star' Image as Indian Funds Advance
July 26 (Bloomberg) -- When Indian money manager Madhusudhan Kela goes out marketing his funds, he gets cheers as well as cash. (Wed, 25 Jul 2007 21:48:55 GMT)

Crime Stoppers: Robbery At Advance America Cash Advance
This week Crime Stoppers feature is a robbery at the Advance America Cash Advance at 3707 Ringgold Road in East Ridge. On June 22 an unknown white male walked into the business brandishing a handgun and yelling for the victims to get on the floor. (Wed, 25 Jul 2007 22:15:28 GMT)

Armed robbery at Advance America Cash Advance
BREAKING NEWS: (Updated: 9:32 p.m.) Rock Island Police are investigating an armed robbery to a payday loan business with similarities to a robbery eight days ago in Davenport. (Thu, 26 Jul 2007 02:36:41 GMT)

ID theft suspect avoids charges after coerced confession
A Fort Worth man accused of stealing the personal data of the chief executive of an identity-theft prevention program will not be charged because police said he was coerced into signing a confession by company representatives. (Thu, 26 Jul 2007 04:13:58 GMT)

Payday loan business robbed in Rock Island
Rock Island Police are investigating an armed robbery to a payday loan business with similarities to a robbery eight days ago in Davenport. (Thu, 26 Jul 2007 04:21:41 GMT)

European Stocks May Rise; ABB, Pernod Ricard Shares May Advance
July 26 (Bloomberg) -- European stocks may advance for the first time in three days after ABB Ltd., the world's largest builder of electricity networks, and Apple Inc. of the U.S. reported earnings and sales that were higher than analysts estimated. (Thu, 26 Jul 2007 07:00:36 GMT)

AAA Payday Cash Opens New Location
AAA Payday Cash, a specialty finance company that provides consumers with small, short-term cash advances until payday, today announced that it has opened a new store location in Springfield, Missouri. (Thu, 26 Jul 2007 07:01:00 GMT)

Payday loans are a military matter
OCEANSIDE – In January, Maj. Gen Mike Lehnert, commanding general for Marine Corps installations west of the Mississippi, asked the Oceanside City Council to do something about payday lenders who charge high interest rates to members of the military. (Thu, 26 Jul 2007 09:07:37 GMT)

ROLLING STONE GATHERS $7.3M
Call him Jumpin' Jack Cash. Keith Richards, co-founder of the Rolling Stones, is starting up the bidding war for his life story and is likely to get lots of satisfaction as publishers have already pushed the price tag for the advance to $7.3... (Thu, 26 Jul 2007 09:49:40 GMT)

Shares up 0.4 percent; Wall Street's advance aids (6:02 p.m.)
MANILA -- Philippine shares climbed Thursday after three days of losses, aided by Wall Street's advance overnight. (Thu, 26 Jul 2007 10:10:46 GMT)

Police probe holdup at cash advance store
Westland police are investigating allegations that an employee of a cash advance store was robbed by a knife-wielding intruder. (Thu, 26 Jul 2007 10:56:40 GMT)

Payday loans are a military matter City panel proposes protections in response to concerns by Marines
Driving into a nightmare SCOTT LINNETT/ Union-Tribune As the county spends millions to widen Valley Center Road, some residents complain that the money is going to waste because of a bottleneck at Lake Wohlford Drive where it enters Escondido. Payday loans are a military matter (Thu, 26 Jul 2007 11:34:39 GMT)

21 July 2007:
George Burley is not taking his interest in Hungarian international centre back Tamás Vaskó any further, but is talking to Lens about a season long loan for left back Vignal. (Thu, 26 Jul 2007 12:50:25 GMT)

Loan company opens third Springfield location
AAA Payday Cash has opened a new store location in Springfield, emediawire.com reported today. The company, which provides customers with small, short-term cash advances, now has a third Springfield location on West Sunshine Street. (Thu, 26 Jul 2007 12:57:19 GMT)

St. Catharines woman charged with fraud
ST. CATHARINES – A 23-year-old Garden City woman has been arrested following an investigation into an advance payday loan fraud. Niagara Regional Police say the woman entered two separate payday loan offices in St. (Thu, 26 Jul 2007 19:29:36 GMT)

Fraud charges for St. Catharines woman
A 23-year-old St. Catharines woman has been arrested and charged following an investigation into an advance payday loan fraud. Niagara Regional Police say the woman entered two separate payday loan offices in St. (Thu, 26 Jul 2007 19:35:05 GMT)

Cash America Announces Increase in Second Quarter Net Income and Declares Dividend
FORT WORTH, Texas----Cash America International, Inc. reported net income for the second quarter ended June 30, 2007 of $13,209,000 compared to $10,913,000 for the same period in 2006. (Thu, 26 Jul 2007 20:05:00 GMT)

Northgate reports strong quarterly cash flow of $43.7 million - A third large gold-copper porphyry system discovered at ...
VANCOUVER---- - Northgate Minerals Corporation today reported cash flow from operations of $43,685,000 or $0.17 per diluted common share and net earnings of $8,647,000 or $0.03 per diluted common share for the second quarter of 2007. (Thu, 26 Jul 2007 23:29:00 GMT)

Northgate reports strong quarterly cash flow of $43.7 million - A third large gold-copper porphyry system discovered at ...
(All figures in US dollars except where noted) - Northgate Minerals Corporation (TSX: NGX) (AMEX: NXG) today reported cash flow from operations of $43,685,000 or $0.17 per diluted common share and net earnings of $8,647,000 or $0.03 per diluted common ... (Thu, 26 Jul 2007 23:37:15 GMT)

Cash America Shares Rise
Shares of Cash America Inc., a specialty financial services firm, rose in morning trading as Roth Capital Partners LLC upgraded the stock. (Fri, 27 Jul 2007 15:31:02 GMT)

Police seek woman in Cash Advance robbery
MASON CITY — The Mason City Police Department has issued an arrest warrant for Lou Ann Hare, 43, in the June 2 robbery at Hometown Cash Advance. (Fri, 27 Jul 2007 20:27:43 GMT)

Cash America shares rise on higher 2Q profit
Cash America International shares were up Friday, a day after the company reported its second-quarter earnings were up. (Fri, 27 Jul 2007 21:41:52 GMT)

Warrant issued for woman in Cash Advance robbery
MASON CITY — Mason City police have issued an arrest warrant for Lou Ann Hare, 43, in the June 2 robbery at Hometown Cash Advance, 1524 S. Federal Ave. (Sat, 28 Jul 2007 05:20:27 GMT)

Oceanside aiming to clamp down on new payday businesses
OCEANSIDE ---- Walking into a payday loan office for a quick, but costly, fix will become increasingly difficult if the city's planning commissioners and a top Marine get their way. (Sat, 28 Jul 2007 07:09:05 GMT)

Kelso woman suspected of trying to cash fire victim's check
A clerk at a Longview payday loan business called 911 Thursday afternoon, saying a woman was trying to cash a Social Security check made out to Rickeylee Bowers, the woman who died in a July 20 Lexington mobile home fire. (Sat, 28 Jul 2007 07:37:07 GMT)

Counting the cost
The England and Wales Cricket Board (ECB) is to advance each of the 18 first-class counties about £200,000 to help them through the crisis created by what is set to be the wettest cricket season on record. (Sun, 29 Jul 2007 00:27:25 GMT)

Payday crunch: Are loans a bailout or rip-off?
If you’ve watched late-night television, you’ve probably seen ads featuring a leggy woman driving away in a convertible sports car with her chiseled husband, cash in hand from a payday loan. The message: Take out a payday loan, take a vacation. (Sun, 29 Jul 2007 04:23:20 GMT)

Putting a cap on payday lenders
Orem city officials have put a cap on the number of payday lending stores they will accept in their city, hoping to limit the opportunities for residents to become buried under loans with annual percentage rates as high as 800 percent. (Sun, 29 Jul 2007 06:11:53 GMT)

Some events you won't want to miss
Watch as six finalists and three junior finalists compete. Winners receive cash prizes and a chance to advance to the regional Battle of the Idols at the Puyallup Fair. (Sun, 29 Jul 2007 07:36:22 GMT)

Payday lending has odd division
House Minority Leader Joyce Beatty has often been a powerful voice for the powerless. Throughout her political career, the African-American Democrat from Columbus has vigorously worked for the poor, minorities and women. (Sun, 29 Jul 2007 07:40:02 GMT)

She fights bloodshed one T-shirt at a time
There were no relatives in the hospital when the young man died, so Millie Brown and her co-workers in the operating room reached for a wallet in his pants to find some identification. The pants were wet, and so were the wallet and the thick stack of cash inside - blood money from the streets of Baltimore. (Sun, 29 Jul 2007 07:44:04 GMT)

City councillors cash out
'Office' budgets used for cameras, meals, magazines (Sun, 29 Jul 2007 08:47:47 GMT)

How To Handle a Cash Crunch
(ARA) - In the world of living paycheck to paycheck, unforeseen expenses create a very stressful situation. Whether the car breaks down, the water heater blows a leak or your dog needs emergency surgery from eating the hallway rug, finding a way to get out of the red gets harder every day. (Sun, 29 Jul 2007 15:47:21 GMT)

Deutsche Bank Payday Burgeons on Subprime Mortgage Trading Bets
July 30 (Bloomberg) -- Deutsche Bank AG analyst Eugene Xu recognized a financial train wreck in the making two years ago when he predicted ``quite probable'' losses from the least creditworthy home loans in America's runaway property market. (Mon, 30 Jul 2007 02:56:33 GMT)

Predatory lending causes problems
Payments for groceries, bills, gas and rent can add up quickly and many people feel that they are in over their heads. Some get advanced cash loans, also know as payday loans, thinking that it will solve their problems. (Mon, 30 Jul 2007 04:05:37 GMT)

The other side of Payday Lending
There are some organizations, such as The Ludwig Von Mises Institute, which support payday loans and oppose the government regulation of it. “We recognize why payday lending exists,” Dr. Mark Thornton, senior fellow at the organization, said. (Mon, 30 Jul 2007 04:05:47 GMT)

Credit unions, banks foresee a payday in short-term loans
As payday loan organizations face increased regulatory scrutiny, some banks and credit unions have begun offering similar services to members to compete with payday lenders and to help pull customers out of payday loan cycles. (Mon, 30 Jul 2007 04:20:21 GMT)

A look at this morning's major news, featuring earnings from Humana (HUM) and Verizon (VZ)
It appears that U.S. stock futures have the inclination to advance following last week's rough time, as they are higher across the board...( Read More ) (Mon, 30 Jul 2007 12:41:05 GMT)

Walk for cash
THE Meningitis Trust, is calling for people from all over Gloucestershire to take part in its flagship event, the Five Valleys Walk, and raise money to support families affected by meningitis. (Mon, 30 Jul 2007 13:12:35 GMT)

U.S. Stock-Index Futures Rise; Archer Daniels, Verizon Advance
July 30 (Bloomberg) -- U.S. stock-index futures advanced on speculation better-than-expected earnings will boost shares following last week's $2.1 trillion global sell-off. (Mon, 30 Jul 2007 13:29:47 GMT)

U.S., European Stocks Rebound on Earnings; ADM Shares Advance
July 30 (Bloomberg) -- Stocks worldwide rebounded from a $2.1 trillion sell-off after better-than-forecast earnings eased concern that the U.S. housing slump will curb economic growth. (Mon, 30 Jul 2007 14:59:47 GMT)

Ingersoll-Rand
(IR 50.95 +2.81) agreed to sell some of its business units (incl. Bobcat) for $4.9 bln in cash, which is helping to keep a bid in Industrials (+0.9%). Materials (+1.1%) is the only other sector currently attracting notable buying interest. (Mon, 30 Jul 2007 16:14:37 GMT)

Police say three used fraudulent documents to get 'payday loans'
Three Gaffney residents are accused of receiving nearly $4,000 from six local payday loan companies using fraudulent financial statements. William Mark Fowler, 47, of 3537 Corinth Road has been charged with five counts of obtaining money by false pretenses. (Mon, 30 Jul 2007 17:43:44 GMT)

U.S. Stocks Rebound on Upgrades; KB Home, Nordstrom Advance
July 30 (Bloomberg) -- U.S. stocks rebounded, pacing a global advance, after Wall Street brokerages told investors to buy shares that fell during last week's $2.1 trillion global sell-off. (Mon, 30 Jul 2007 18:29:47 GMT)

U.S. Stocks Rebound on Upgrades; KB Home, Nordstrom Advance
July 30 (Bloomberg) -- U.S. stocks rallied, pacing a global advance, after Wall Street brokerages told investors to buy shares that fell during last week's $2.1 trillion global sell-off. (Mon, 30 Jul 2007 18:59:47 GMT)

U.S. Stocks Rebound on Upgrades; KB Home, Nordstrom Advance
July 30 (Bloomberg) -- U.S. stocks rallied, leading a worldwide advance, after Wall Street brokerages told investors to buy shares that fell during last week's $2.1 trillion global sell-off. (Mon, 30 Jul 2007 19:29:47 GMT)

CME Livestock Review: Hogs, Live Cattle Advance
CHICAGO (Dow Jones)--Chicago Mercantile Exchange hogs closed higher Monday on short covering, fund buying and August/October bear spreads that slowed spot August's advances but provided added October lift. Pork bellies posted gains during the session. (Mon, 30 Jul 2007 20:18:48 GMT)

Robbery suspect arrested in Mississippi
MASON CITY — A former Mason City woman accused of robbing Hometown Cash Advance, 1524 S. Federal Ave., with a baseball bat, has been arrested in Mississippi. (Tue, 31 Jul 2007 02:28:02 GMT)

A rally as Wall St. brokerages see buying opportunities
U.S. stocks rebounded Monday, pacing a global advance, after Wall Street brokerages told investors to buy shares that fell during last week's $2.1 trillion global sell-off. (Tue, 31 Jul 2007 06:58:03 GMT)

Casino night to aid two local charities
TOMS RIVER: A township dentist is hosting a casino night to raise money for Ocean County Hunger Relief and Ocean of Love from 6 to 10 p.m. Aug. 16 at the Quality Inn, 815 Route 37 West.Tickets cost $50 per person in advance and $75 per person at the door. Attendees will receive $250 worth of playing chips. The event will include, complimentary hors d'oeuvres and nonalcoholic beverages, a cash ... (Tue, 31 Jul 2007 08:54:17 GMT)

WIGAN TICKETS
Tickets are now on general sale for the pre-season friendly against Wigan Athletic at Elland Road. Ticket prices are £10 adults/£5 concessions. Please note, for advance sales, we can only accept cash and cheques, until we receive our shares back. (Tue, 31 Jul 2007 11:25:48 GMT)

pSivida Quarterly Cash Flow - June 30, 2007 Commentary and Highlights
BOSTON & PERTH, Australia----pSivida Limited announced that it has released its cash flow statement for the quarter ended June 30, 2007. (Tue, 31 Jul 2007 12:00:00 GMT)

1st Global Financial Jump Starts and Expands Working Capital Advance Program With New Partnership
1st Global Financial Corporation has partnered with Fast Capital, Inc. on their working capital advance program. This working capital advance program is the first of several components to the 1st Global business model which will be added into the operations of the Company in the coming months that could potentially accelerate the growth of 1st Global. Fast Capital will provide the funds and back ... (Tue, 31 Jul 2007 20:02:00 GMT)

Court sides with Banking Dept. in high-cost loan lawsuit
HARRISBURG, Pa. (AP) - A state court says a payday lending business violated Pennsylvania consumer law. Commonwealth Court says Advance America Cash Advance Centers made loans of as much as $500 to people in return for six percent interest plus a $150 monthly fee. (Tue, 31 Jul 2007 20:12:10 GMT)

Pa. court sides with Banking Dept. in high-cost loan lawsuit
A payday lending business violated Pennsylvania consumer law by providing loans of as much as $500 to people in return for 6 percent interest plus a $150 monthly fee, a state court ruled Tuesday. A Commonwealth Court panel agreed with the Banking Department's claim that fees charged by Advance America Cash Advance Centers exceeded limits of the state's Consumer Discount Company Act. The Banking ... (Tue, 31 Jul 2007 20:45:38 GMT)

Court Rules Against High-Cost Loans
Payday lender Advance America violated Pennsylvania consumer law by providing loans of as much as $500 to people in return for 6 percent interest plus a $150 monthly fee, a state court ruled Tuesday. (Tue, 31 Jul 2007 22:32:53 GMT)

Court sides with Banking Dept. in high-cost loan lawsuit
A payday lending business violated Pennsylvania consumer law by providing loans of as much as $500 to people in return for 6 percent interest plus a $150 monthly fee, a state court ruled Tuesday. (Tue, 31 Jul 2007 22:42:53 GMT)

Usury: Back and better than ever
The Wall Street bankers moaning about the high cost of credit ought to spend some time at the nearest payday loan center (Tue, 31 Jul 2007 23:29:49 GMT)

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