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Cash Advance News Nov 2007

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Posters detailing fees to go up in payday loan businesses
Payday loan stores that belong to a national trade group will begin putting up big signs disclosing their fees, but consumer advocates doubt the posters will have much impact. "The problem is a lot of people are desperate when they get these loans" and aren't in a position to care if the annual percentage rate is 391 percent, said Jeff Witherspoon, executive director of Consumer Credit ... (Fri, 16 Nov 2007 07:46:45 GMT)

Posters detailing fees to go up in payday loan businesses
Payday loan stores that belong to a national trade group will begin putting up big signs disclosing their fees, but consumer advocates doubt the posters will have much impact. "The problem is a lot of people are desperate when they get these loans" and aren't in a position to care if the annual percentage rate is 391 percent, said Jeff Witherspoon, executive director of Consumer Credit ... (Fri, 16 Nov 2007 07:51:15 GMT)

Posters detailing fees to go up in payday loan businesses
Payday loan stores that belong to a national trade group will begin putting up big signs disclosing their fees, but consumer advocates doubt the posters will have much impact. "The problem is a lot of people are desperate when they get these loans" and aren't in a position to care if the annual percentage rate is 391 percent, said Jeff Witherspoon, executive director of Consumer Credit ... (Fri, 16 Nov 2007 07:51:56 GMT)

Colombia's Peso Bonds Advance as Maturing Debt Buoys Demand
Nov. 16 (Bloomberg) -- Colombia's peso bonds gained as traders re-invested cash from maturing government debt. (Fri, 16 Nov 2007 15:30:20 GMT)

Out of the Gate: Global Cash Rebounds
Shares of Global Cash Access Holdings Inc., which provides ATM and cash advance services to casinos, rebounded Friday after losing nearly 60 percent the day after the company delayed its fiscal-first quarter report due to an ongoing internal investigation. (Fri, 16 Nov 2007 15:41:28 GMT)

Senate blocks bill to pay for Iraq, Afghanistan without restrictions
WASHINGTON - The Senate has blocked a Republican proposal to authorize $70 billion for the wars in Iraq and Afghanistan without strings attached. The 53-45 vote was 15 votes short of the 60 needed to advance the bill. (Fri, 16 Nov 2007 15:54:40 GMT)

Battling for Payday Loans
When my Foolish colleague Selena Maranjian extolled the virtues of a virtual ban on payday loans for members of the military, I knew it was because she wants consumers to run their financial lives Foolishly. After all, living from paycheck to paycheck and having to make regular use of short-term loans is not a particularly wise use of one's financial resources. (Fri, 16 Nov 2007 18:40:44 GMT)

Battling for Payday Loans
A ban on military payday loans keeps our underpaid soldiers short of cash. (Fri, 16 Nov 2007 18:40:44 GMT)

Colombia's Peso Bonds Advance as Maturing Debt Buoys Demand
Nov. 16 (Bloomberg) -- Colombia's peso bonds gained as traders re-invested cash from maturing government debt. (Fri, 16 Nov 2007 19:15:08 GMT)

Payday lending group requires more disclosure of fees, rates
COLUMBIA, S.C. Many payday lending shops will be required by an industry trade group to put up small posters displaying their fees and interest rates, a move that could help improve the image of an industry long derided for taking advantage of people. (Fri, 16 Nov 2007 20:35:16 GMT)

Top events - Theater, visual art, classical music and dance
1. Claws Out II: Break-Dancing Competition - B-Boy Status brings professional break dancers from all over the world as they compete in a 3 versus 3 break-dancing competition for a $3,000 cash prize. (Fri, 16 Nov 2007 21:50:18 GMT)

Robber holds up check business
Two female employees were unscathed during a robbery of Express Check Advance at 2157 W. Thomas St. on Friday. According to the police report, as one of the employees was closing about 5 p.m., a man approached the door. (Fri, 16 Nov 2007 22:00:27 GMT)

Payday-loan industry shifts focus to reform, survival
Companies that make money providing payday loans have formed an organization they say is designed to ''reform'' their industry. (Fri, 16 Nov 2007 22:53:45 GMT)

Payday Lending Group Pushes Disclosure
Many payday lending shops will be required by an industry trade group to put up small posters displaying their fees and interest rates. (Fri, 16 Nov 2007 23:50:07 GMT)

Clerk stabbed in robbery at check-cashing business
A clerk at a check-cashing business was stabbed during a robbery Friday afternoon. Two female clerks were working at Allied Cash Advance, 5814 W. Olive Ave., when two black male suspects with knives demanded money. (Sat, 17 Nov 2007 00:08:48 GMT)

Market movers
NEW YORK -- Wall Street closed an uneasy session lower Wednesday as investors, uncertain if the worst of the credit crisis is over, refrained from extending Tuesday's huge advance. (Sat, 17 Nov 2007 05:47:52 GMT)

Many payday lenders now required to post rates
COLUMBIA — Many payday lending shops will be required by an industry trade group to put up small posters displaying their fees and interest rates, a move that could help improve the image of an industry long derided for taking advantage of people. The trade group, Community Financial... (Sat, 17 Nov 2007 05:56:02 GMT)

Robberies reported at two payday lender businesses Friday
A man entered the Chestnut Street Express Check Advance Friday afternoon wielding a sword with a brown handle and demanding money. (Sat, 17 Nov 2007 06:40:50 GMT)

Payday lenders to post loan costs
COLUMBIA, S.C. -- Many payday-lending shops will be required by an industry trade group to put up small posters displaying their fees and interest rates. (Sat, 17 Nov 2007 09:13:25 GMT)

BHP may need to add cash to Rio offer
BHP Billiton Ltd may have to top up its record-breaking $272 billion all-scrip bid for Rio Tinto Ltd with cash, after its initial overtures were rejected. (Sat, 17 Nov 2007 16:06:49 GMT)

Market movers
NEW YORK -- Wall Street closed an uneasy session lower Wednesday as investors, uncertain if the worst of the credit crisis is over, refrained from extending Tuesday's huge advance. (Sat, 17 Nov 2007 18:17:51 GMT)

Man Robs Bank in Irondequoit
Police are asking for your help in finding a bank robbery suspect in Irondequoit. It happened Friday at the Fairport Savings Bank on Hudson Avenue. Police say a suspect showed a gun and demanded money from the teller. He left with an undisclosed amount of cash. (Sat, 17 Nov 2007 21:11:17 GMT)

Harlequins 13 Cardiff Blues 13: Quins' hopes hang by a thread
In the week when the Guinness Premiership clubs celebrated an agreement with the Rugby Football Union which will be worth £110 million, Harlequins failed to cash in. Their chances of progressing in the Heineken Cup are virtually dead in the water of Pool Three. (Sun, 18 Nov 2007 00:18:05 GMT)

Robberies reported at two payday lender businesses Friday
A man entered the Chestnut Street Express Check Advance Friday afternoon wielding a sword with a brown handle and demanding money. (Sun, 18 Nov 2007 05:26:00 GMT)

Perfect scenario for CFL: Argos win
TORONTO - Imagine a football team and a city in waiting, in giddy anticipation of the fame and small fortune that could befall the Toronto Argonauts should they advance to a Grey Cup in their home metropolis. (Sun, 18 Nov 2007 13:35:05 GMT)

Only eight left standing at ADT Championship
Christina Kim watched her pro-am partners do football-style body bumps, and they told her to do the same celebration on the 18th hole during the ADT Championship. She couldn't think of a better occasion than Saturday afternoon. (Sun, 18 Nov 2007 19:58:14 GMT)

Celgene to Buy Pharmion
The biotech company will pay $2.9 billion in cash and stock for Pharmion, which makes blood cancer treatments. (Mon, 19 Nov 2007 01:49:11 GMT)

Richardson considers strict operating rules for payday lenders
RICHARDSON – Concerns about clusters of payday loan, check cashing and car-title loan companies have led the city to consider stricter rules about where the businesses can operate. (Mon, 19 Nov 2007 03:26:00 GMT)

Announcing Unique Business Cash Advance Loans From MAXX Business Solutions
MAXX Business Solutions (www.cmscreditcards.com), industry leader in merchant account credit card processing, announces their unique offering for business cash advance loans. Their unique kind of funding is ideal for retail, restaurant and service businesses. Business cash advances with MAXX are easy, fast, have a 95% approval rate and offer up to $250,000. (Mon, 19 Nov 2007 07:01:00 GMT)

Announcing Unique Business Cash Advance Loans From MAXX Business Solutions
MAXX Business Solutions (www.cmscreditcards.com), industry leader in merchant account credit card processing, announces their unique offering for business cash advance loans. Their unique kind of funding is ideal for retail, restaurant and service businesses. Business cash advances with MAXX are easy, fast, have a 95% approval rate and offer up to $250,000. (PRWeb Nov 19, 2007) Post ... (Mon, 19 Nov 2007 08:16:04 GMT)

Fighting Friendly
In a contest in advance of Saturday's big game between the Cougars and Utes, students at the two schools are competing for food and cash. The match in advance of the game is the annual food fight food drive in which students try to raise more money and food for food banks. "It's a win-win. (Mon, 19 Nov 2007 08:18:43 GMT)

FA CUP TICKETS
Tickets still remain for this game, prices starting from £15/£8, but fans are advised to book in advance to avoid queues at the Ticket Office. You can follow the link below to book your tickets for collection ahead of the game. (Mon, 19 Nov 2007 11:49:21 GMT)

School gets state P.E. cash
Representatives from Gov. Arnold Schwarzenegger's Council on Physical Fitness and Sports visited Golden Oak Elementary School Wednesday and presented a $10,000 check. (Mon, 19 Nov 2007 12:01:44 GMT)

Energy efficiency pays - in tax credit
Consumers and businesses have a new reason to go green besides a desire to save the planet. Using more environmentally sustainable practices could save cash in the form of federal tax credit. (Mon, 19 Nov 2007 15:56:05 GMT)

Payday lenders must display fees
COLUMBIA, S.C. -- Many payday lending shops will be required by an industry trade group to put up small posters displaying their fees and interest rates. But one critic said the posters are little more than window dressing for an ind (Mon, 19 Nov 2007 16:22:08 GMT)

McAfee, Inc. Completes Acquisition of SafeBoot Holding B.V.
SANTA CLARA, Calif., Nov. 19 /PRNewswire-FirstCall/ -- McAfee, ( Nachrichten ) Inc. today announced that it has completed the acquisition of all the outstanding capital stock of SafeBoot Holding B.V. for approximately $350 million in cash. (Mon, 19 Nov 2007 17:22:57 GMT)

Rupee falls for Day 2; 10-year bonds advance
Rupee fell for the second day after the nation's benchmark stock index extended losses, stoking concern global funds will reduce investments in local assets. (Mon, 19 Nov 2007 22:25:07 GMT)

Robber holds up check business
Two female employees were unscathed during a robbery of Express Check Advance at 2157 W. Thomas St. on Friday. According to the police report, as one of the employees was closing about 5 p.m., a man approached the door. (Mon, 19 Nov 2007 23:47:23 GMT)

Investors Cash in on Infrastructure Boom
As Muscovites wrap up warm this week with the onset of winter, investors are still looking for exposure to this year's big story, the government's infrastructure spending. (Tue, 20 Nov 2007 00:22:16 GMT)

Drivers give thanks as gas price dropps 1.4 cents over weekend; SABMiller will bid $1.2 billion for Grolsch.
NEW YORK — Drivers are starting to see some relief at the gas pump, with prices falling last weekend and following the path of crude oil as its advance toward $100 has stalled. (Tue, 20 Nov 2007 02:36:42 GMT)

Payday lenders told to display fees, rates
Many payday lending shops will be required by an industry trade group to put up small posters displaying their fees and interest rates. (Tue, 20 Nov 2007 07:30:13 GMT)

Lawmakers seek a cash advance for conventions
Cities need federal funds now to prepare for security for GOP, Democrats, they say. A stalemate in Washington is holding up money for security at next year's Republican and Democratic conventions and could force Minneapolis-St. Paul and Denver to front tens of millions of dollars, lawmakers warned Monday. (Tue, 20 Nov 2007 08:54:08 GMT)

Thanksgiving feast at the movies
Opening tomorrow -- in advance of the turkey and the stuffing and the yams, before the football games and the pumpkin pie and the L-tryptophan-mandated nap -- is the first in the avalanche of holiday movies. (Tue, 20 Nov 2007 10:44:59 GMT)

European Stocks Advance; Vodafone, Shell, Total Shares Gain
Nov. 20 (Bloomberg) -- European stocks rebounded from a three-month low, led by phone and energy companies, after Deutsche Bank AG raised its price estimate on Vodafone Group Plc and oil advanced for a third day. (Tue, 20 Nov 2007 11:34:42 GMT)

Investors Cash in on Infrastructure Boom
As Muscovites wrap up warm this week with the onset of winter, investors are still looking for exposure to this year's big story, the government's infrastructure spending. (Tue, 20 Nov 2007 12:13:05 GMT)

Satirical Site Bashes Predatory Lenders
Front Seat Management today announced the launch of the Predatory Lending Association web site , a satirical take on the payday loan industry. (Tue, 20 Nov 2007 15:55:00 GMT)

Ark. judge says law allowing payday loans constitutional
Associated Press - November 20, 2007 11:14 AM ET LITTLE ROCK (AP) - A state judge says that Arkansas laws allowing "payday loan" fees that exceed the state's interest limits is... (Tue, 20 Nov 2007 16:17:41 GMT)

Judge Rules Payday Loan Fees Constitutional
A state judge says that Arkansas laws allowing "payday loan" fees that exceed the state's interest limits is constitutional. (Tue, 20 Nov 2007 16:28:21 GMT)

First American Cash Advance office robbed
The First American Cash Advance at the Publix shopping center at 800 Ocala Road was robbed just before 11 a.m. today, according to the Tallahassee Police Department. (Tue, 20 Nov 2007 16:42:02 GMT)

Ark. judge says law allowing payday loans constitutional
LITTLE ROCK - A state judge ruled Tuesday that Arkansas laws allowing "payday loan" fees that exceed the state's interest limits is constitutional, setting up an eventual challenge before the Arkansas Supreme Court. (Tue, 20 Nov 2007 16:58:12 GMT)

$1M spent, but where?
More than $1 million in travel cash advances made to people who traveled on the government's tab remained unaccounted for by the end of last year, according to an audit report released yesterday. (Tue, 20 Nov 2007 17:16:07 GMT)

Lucile Packard Children's Hospital receives $1 million donation from HP
Lucile Packard Children's Hospital at Stanford will receive more than $1 million in cash and equipment grants from Hewlett-Packard and the HP Company Foundation, it was announced Monday. (Tue, 20 Nov 2007 18:00:06 GMT)

Police Searching for Robbery Suspect
Police search for man who robbed the First American Cash Advance. (Tue, 20 Nov 2007 18:54:13 GMT)

Ark. Judge Says Law Allowing Payday Loans Is Constitutional
A state judge ruled Tuesday that an Arkansas law allowing "payday loan" fees that exceed the state's interest limits is constitutional, setting up an eventual challenge before the Arkansas Supreme Court. (Tue, 20 Nov 2007 21:41:40 GMT)

Payday Lenders Ok For Now
It took about five minutes for a Pulaski County circuit judge to rule that payday lending is constitutional. But opponents say this isn't the end of the line in their fight to shut those businesses down. (Tue, 20 Nov 2007 23:35:40 GMT)

Ark. judge says law allowing payday loans constitutional
LITTLE ROCK - A state judge on Tuesday set up an eventual challenge to an Arkansas law allowing "payday loan" fees that exceed the state's interest limits, ruling that the 1999 act does not violate the state's constitution. (Tue, 20 Nov 2007 23:46:35 GMT)

Dens cash injection on the horizon
DUNDEE CHAIRMAN Bob Brannan claimed yesterday that the long anticipated influx of new cash into Dens could be only a matter of months away from materialising. (Wed, 21 Nov 2007 00:12:20 GMT)

Shenzhen banks confirm removal of tight limits on cash withdrawals
BEIJING (XFN-ASIA) - Commercial banks in the southern city of Shenzhen confirmed the removal of recently imposed tight limits on cash withdrawals by individuals. (Wed, 21 Nov 2007 03:55:59 GMT)

(AFX UK Focus) 2007-11-21 03:56 GMT: Shenzhen banks confirm removal of tight limits on cash withdrawals
BEIJING (XFN-ASIA) - Commercial banks in the southern city of Shenzhen confirmed the removal of recently imposed tight limits on cash withdrawals by individuals. (Wed, 21 Nov 2007 04:36:14 GMT)

Forester glad to make a little extra cash
Neil Payne, a cattleman-turned forester, gets puzzled looks from friends when he tells them he'll get a paycheck for letting his trees grow. (Wed, 21 Nov 2007 07:07:45 GMT)

Shopping speedup
In a holiday season that is expected to yield lukewarm sales, some retailers are taking unprecedented steps to lure shoppers to their cash registers. (Wed, 21 Nov 2007 10:49:28 GMT)

Deere's net up 52%; shares advance as broad market falls
NEW YORK (MarketWatch) -- Deere & Co.'s fourth-quarter earnings jumped 52%, fueled by currency benefits from overseas sales and a boost in prices for its equipment, the company said Wednesday. (Wed, 21 Nov 2007 13:32:49 GMT)

US Cash Hogs Pre-Open: Steady To Firm For Weekend Deliveries
KANSAS CITY (Dow Jones)--Cash hog prices in the Midwest Wednesday are called steady to firm amid reports that some plants need additional hogs for Friday and/or their weekend operations. (Wed, 21 Nov 2007 14:13:46 GMT)

Payday loan business robbed in Provo
DAILY HERALD A payday loan business in Provo was robbed at gunpoint Wednesday morning. Provo police said a man walked into USA Cash Services at 315 W. 600 East around 11:15 a.m. and demanded cash after brandishing a firearm. Employees handed over an undisclosed amount of cash, and the suspect was last seen headed east from the business. The suspect is described as being about 6 feet tall with a ... (Wed, 21 Nov 2007 23:48:19 GMT)

FBI searching for Bozeman bank fraud suspects
Two people wanted for fraudulent credit card cash advance scheme (Thu, 22 Nov 2007 02:45:02 GMT)

Gunman gives himself a cash advance
This week's WAFF 48 Crime Stoppers not only gives you a chance to earn some cash, the crime also involves cash changing hands. (Thu, 22 Nov 2007 04:25:05 GMT)

Hyland Presses for Challenge to Payday Lenders
A Fairfax County supervisor wants to push the next General Assembly for tighter restrictions on payday loans, charging that some lenders push the economically vulnerable deep into debt. (Thu, 22 Nov 2007 08:06:32 GMT)

Initiative to restrict loan rates
A voter initiative is being prepared to restrict so-called “payday” and other short-term loan companies in Montana, limiting the annual interest rate they can charge to 36 percent. (Thu, 22 Nov 2007 08:26:51 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. (Thu, 22 Nov 2007 09:16:24 GMT)

Initiative takes aim at payday lenders
HELENA - A voter initiative is being prepared to restrict so-called payday and other short-term loan companies in Montana, limiting the maximum annual interest rate they can charge to 36 percent. (Thu, 22 Nov 2007 10:11:56 GMT)

WSOS warns holiday shoppers of payday lending pitfalls
FREMONT -- The holidays were approaching and, as a single mother, Ann Hanko was desperate to give her young child a nice holiday. However, her finances were far from adequate. So, relying on the advice of her mother, she went to a payday lender to borrow $200 to get her through the season. (Thu, 22 Nov 2007 15:34:40 GMT)

Black Friday: Customers Outside Stores 24 Hours in Advance
The doors to the electronic store don’t open until 5am Friday, but some shoppers looking to cash in on th store’s deals showed up before 8am Thursday! (Thu, 22 Nov 2007 19:28:50 GMT)

FBI looking for two suspects in cash advance scheme
BILLINGS, Mont. - The FBI is looking for a man and woman suspected of defrauding 11 banks in Bozeman and Livingston of more than $63,000. (Fri, 23 Nov 2007 01:03:37 GMT)

Initiative to restrict loan rates
A voter initiative is being prepared to restrict so-called “payday” and other short-term loan companies in Montana, limiting the annual interest rate they can charge to 36 percent. (Fri, 23 Nov 2007 03:10:53 GMT)

Robber holds up check business
Two female employees were unscathed during a robbery of Express Check Advance at 2157 W. Thomas St. on Friday. According to the police report, as one of the employees was closing about 5 p.m., a man approached the door. (Fri, 23 Nov 2007 03:18:08 GMT)

Bruce move held up
Steve Bruce's move to Wigan is being held up by a major cash row.    (Fri, 23 Nov 2007 04:27:24 GMT)

Mortgage holders warned to avoid payday loans
Homeowners may be tempted to try to put off a foreclosure by borrowing mortgage payment money, especially from payday loan operations. (Fri, 23 Nov 2007 07:11:25 GMT)

FBI looking for 2 suspects in cash advance scheme
BILLINGS, Mont. - The FBI is looking for a man and woman suspected of defrauding 11 banks in Bozeman and Livingston of more than $63,000. (Fri, 23 Nov 2007 09:12:18 GMT)

Intermediate Shares Advance After Hedge Fund Retreat (Update1)
Nov. 23 (Bloomberg) -- Intermediate Capital Group Plc, Europe's biggest independent provider of mezzanine loans for leveraged buyouts, posted its biggest gain in London trading after saying hedge fund rivals haven't the cash to compete following the collapse of credit markets. (Fri, 23 Nov 2007 11:49:52 GMT)

FBI Looking for Two Suspects in Cash Advance Scheme
The FBI is looking for a man and woman suspected of defrauding banks in several states including Indiana. (Fri, 23 Nov 2007 13:02:18 GMT)

Burst Accepts One-Time Payment of $10M Cash From Apple
Burst.com, the company that has for 2 years alleged that Apple's iTunes Music Store, iTunes software, the iPod devices, and Apple's QuickTime Streaming products infringe various of its U.S. Patents, this week settled with Apple in return for a one-time payment of $10M cash, giving Apple a patent license providing the right to use Burst's intellectual property in its own technology and products, ... (Fri, 23 Nov 2007 14:31:18 GMT)

Intermediate Shares Advance After Hedge Fund Retreat (Update3)
Nov. 23 (Bloomberg) -- Intermediate Capital Group Plc, Europe's biggest independent provider of mezzanine loans for leveraged buyouts, posted its biggest gain in London trading after saying hedge fund rivals lack the cash to compete following the collapse of credit markets. (Fri, 23 Nov 2007 16:53:34 GMT)

Payday lending industry adopts fee disclosure policy
The Community Financial Services Association of America, the organization that represents 60 percent of the payday lending stores across the nation, announced last week that it is requiring all members to display posters in every store that clearly states all fees associated with a payday loan. (Fri, 23 Nov 2007 17:07:46 GMT)

Intermediate Shares Advance After Hedge Fund Retreat (Update3)
Nov. 23 (Bloomberg) -- Intermediate Capital Group Plc, Europe's biggest independent provider of mezzanine loans for leveraged buyouts, posted its biggest gain in London trading after saying hedge fund rivals lack the cash to compete following the collapse of credit markets. (Fri, 23 Nov 2007 17:49:52 GMT)

RBZ sets cash deposit limits
FROM December 1, individuals will be able to deposit in cash and without having to justify the source just $50 million a day, businesses $200 million a day and wholesalers and other large cash handlers $1 billion daily. (Fri, 23 Nov 2007 21:54:55 GMT)

Unique selling point sees PCP advance
Property may be losing its allure but fund managers are still out there raising cash for bricks and mortar. Plenty of institutions have real estate allocations which must be fulfilled somehow, even in an environment where sentiment is waning rapidly. (Fri, 23 Nov 2007 22:20:56 GMT)

As holiday shopping season begins, UG examining payday loan shops
Americans look forward to the holiday season not only for receiving gifts but also the feeling that goes along with giving. But that giving is getting more and more expensive every year. After the holidays are over, those same consumers dread the credit card bills they will receive. (Sat, 24 Nov 2007 07:14:57 GMT)

Make that cash register and carry
STATEN ISLAND, N.Y. -- Call him a "self-serve" criminal. Police said a hulking homeless man took a novel approach in a series of daring daylight robberies of Staten Island delis: Instead of demanding cash, he snatched the entire register and ran. (Sat, 24 Nov 2007 07:37:46 GMT)

Why Don’t You Want Money?
A: Hello I’m Ms XXX, I'm calling from XX bank, based on your good credit card record, our company has decided to reward you. Now you may have advance cash up to RM,3000 and enjoy a lower interest rate compared to other banks.... (Sat, 24 Nov 2007 07:51:01 GMT)

Initiative being prepared to restrict payday loans
HELENA (AP) — Advocates for low-income residents have prepared a voter initiative that would limit the annual interest rate charged by so-called payday lenders to 36 percent. (Sat, 24 Nov 2007 07:54:08 GMT)

Cap on payday loan interest rates sought
Cap being sought (Sat, 24 Nov 2007 17:40:32 GMT)

Kansas payday fees relatively low
Payday lenders in Kansas charge less than similar businesses in all but one of the states next door, a new Web site shows. An interactive map put together by a payday lending trade group gives consumers the chance to easily compare fees charged in every state for a $100 loan. The findings from the Community Financial Service Association of America's map include: •  Seven states, not ... (Sun, 25 Nov 2007 07:06:58 GMT)

As holiday shopping season begins, UG examining payday loan shops
Americans look forward to the holiday season not only for receiving gifts but also the feeling that goes along with giving. But that giving is getting more and more expensive every year. After the holidays are over, those same consumers dread the credit card bills they will receive. (Sun, 25 Nov 2007 07:14:56 GMT)

Kansas payday fees relatively low
Payday lenders in Kansas charge less than similar businesses in all but one of the states next door, a new Web site shows. An interactive map put together by a payday lending trade group gives consumers the chance to easily compare fees charged in every state for a $100 loan. The findings from the Community Financial Service Association of America's map include: •  Seven states, not ... (Sun, 25 Nov 2007 07:15:50 GMT)

Payday lender replacement?
If current lenders stop offering the service, Peninsula credit unions are poised to take their place. One of the most frequent questions payday lending opponents get from legislators about eliminating the industry is, "How will people using payday lenders get short-term loans?" (Sun, 25 Nov 2007 09:13:26 GMT)

ROBBERY ... HIGH-SPEED CHASE ... CRASH ... CAPTURE!
JEFFERSON — A suspect is in custody at the Ashtabula County Jail after a robbery at a cash advance store which lead to a high speed pursuit involving three law enforcement agencies Saturday. (Sun, 25 Nov 2007 09:31:54 GMT)

Zimbabwe: RBZ Sets Cash Deposit Limits
FROM December 1, individuals will be able to deposit in cash and without having to justify the source just $50 million a day, businesses $200 million a day and wholesalers and other large cash handlers $1 billion daily. (Sun, 25 Nov 2007 20:06:26 GMT)

Australian Stocks Advance, Led by Rio, BHP Billiton, Woodside
Nov. 26 (Bloomberg) -- Australia's S&P/ASX 200 Index rose, rebounding from a four-day losing stretch. Rio Tinto Group jumped on reports China Investment Corp. may counter BHP Billiton Ltd.'s takeover bid for the world's third biggest mining company. (Mon, 26 Nov 2007 01:14:15 GMT)

Asian Stocks Rise on U.S. Retail Sales; Nintendo, Rio Advance
Nov. 26 (Bloomberg) -- Asian stocks rose after a report showed U.S. shoppers increased spending on the day after Thanksgiving, boosting sales prospects for the region's exports of electronics, televisions and clothes. (Mon, 26 Nov 2007 02:50:07 GMT)

Australian Stocks Advance, Led by Rio, BHP Billiton, Woodside
Nov. 26 (Bloomberg) -- Australia's S&P/ASX 200 Index rose the most for more than two months, led by Rio Tinto Group on reports China Investment Corp. may counter BHP Billiton Ltd.'s takeover bid for the world's third biggest mining company. (Mon, 26 Nov 2007 03:59:02 GMT)

Asian Stocks Rise on U.S. Retail Sales; Nintendo, Rio Advance
Nov. 26 (Bloomberg) -- Asian stocks rose after a report showed U.S. shoppers increased spending on the day after Thanksgiving, boosting the prospects for exports to the region's biggest overseas market. (Mon, 26 Nov 2007 04:50:07 GMT)

Stop debt before it ruins your Christmas
• Decide your spending limit in advance and stick to it. Make your holiday gift list early and set a specific amount of how much you can spend on each gift to remain within your budget. (Mon, 26 Nov 2007 05:14:09 GMT)

Asian Stocks Rise on U.S. Retail Sales; Nintendo, Rio Advance
Nov. 26 (Bloomberg) -- Asia's benchmark stock index rose the most in nine weeks after reports showed U.S. retail sales climbed during the post-Thanksgiving weekend, boosting the prospects for exports to the region's biggest overseas market. (Mon, 26 Nov 2007 06:50:07 GMT)

As holiday shopping season begins, UG examining payday loan shops
Americans look forward to the holiday season not only for receiving gifts but also the feeling that goes along with giving. But that giving is getting more and more expensive every year. After the holidays are over, those same consumers dread the credit card bills they will receive. (Mon, 26 Nov 2007 07:15:17 GMT)

(AFX UK Focus) 2007-11-26 07:07 GMT: London shares outlook - Higher with strong NY advance Friday; takeover chatter
LONDON (Thomson Financial) - Leading shares look set to start the week stronger today, extending Friday's rally in tandem with a solid pre-weekend recovery on Wall Street, amid reports of a robust start to the US holiday retail season, and with takeover chatter likely to underline the advance. (Mon, 26 Nov 2007 07:37:14 GMT)

Now you'll be able to see with two eyes how much you're paying through the nose
After the new year, when consumers go in for a payday loan, they won't have to squint to see the 340 annual percentage rate they'll be hit with when they take out the loan. (Mon, 26 Nov 2007 08:05:18 GMT)

European Stocks Gain; Ahold, Signet, Rio Tinto, Areva Advance
Nov. 26 (Bloomberg) -- European stocks rallied for a third day after gains in retail sales in the U.S. suggested consumer demand remains resilient in the world's largest economy. (Mon, 26 Nov 2007 08:49:57 GMT)

RBZ sets cash deposit limits
FROM December 1, individuals will be able to deposit in cash and without having to justify the source just $50 million a day, businesses $200 million a day and wholesalers and other large cash handlers $1 billion daily. (Mon, 26 Nov 2007 11:36:39 GMT)

Cash Systems, Inc. Announces powercash has Gone Live at Fantasy Springs Resort Casino
LAS VEGAS----Cash Systems, Inc. , a provider of cash access technology for the gaming industry, today announced that the implementation of powercash at Fantasy Springs Resort Casino. powercash went live at 10:40 AM on Wednesday, November 21, 2007. powercash is the first product of the Company's joint venture with Bally Technologies and Scotch Twist. (Mon, 26 Nov 2007 13:40:00 GMT)

European Stocks Rise; Electrolux, Nokia, Xstrata Pace Advance
Nov. 26 (Bloomberg) -- European stocks rose for a third day, led by exporters and technology companies, after increased spending by American shoppers following the Thanksgiving holiday signaled demand remains resilient in the world's largest economy. (Mon, 26 Nov 2007 13:49:42 GMT)

Cash Systems, Inc. Announces powercash has Gone Live at Fantasy Springs Resort Casino
Cash Systems, ( Nachrichten ) Inc. (NASDAQ: CKNN), a provider of cash access technology for the gaming industry, today announced that the implementation of powercash at Fantasy Springs Resort Casino. (Mon, 26 Nov 2007 13:53:58 GMT)

Citizens Home Loan Accepts PRBC Reports Through Credit Plus, Inc.
Citizens Home Loan announces that it will authorize potential borrowers with little or no credit histories to qualify for mortgages with PRBC Reports through Credit Plus, Inc. (Mon, 26 Nov 2007 16:25:00 GMT)

Steve Bruce angry over Birmingham cash wrangle
Steve Bruce was finally unveiled as Wigan Athletic manager today but admitted the delay following his departure from Birmingham City had upset him. (Mon, 26 Nov 2007 16:28:43 GMT)

Voter initiative being prepared to restrict payday loans
HELENA (AP) — Advocates for low-income residents have prepared a voter initiative that would limit the annual interest rate charged by socalled payday lenders to 36 percent. (Mon, 26 Nov 2007 18:43:29 GMT)

Cash-advance robbery suspect appears in Eastern County Court
Terrance A. Williams, the suspect in Saturday’s Express Cash Advance robbery in Jefferson, was arraigned Monday afternoon in Eastern County Court. (Tue, 27 Nov 2007 04:31:56 GMT)

Web site parody packs a punch against payday loan industry
At a time of growing criticism of the subprime lending industry, who would boast about “Helping payday lenders extract maximum profit from the working poor.” (Tue, 27 Nov 2007 05:29:46 GMT)

Stile: Corzine wants pay-to-play ban
Governor Corzine will advance a "full agenda" on campaign finance and ethics reform next year, possibly by convening a special session of the Legislature in hopes of restoring public confidence in New Jersey's scandal-marred political system. (Tue, 27 Nov 2007 10:45:45 GMT)

U.S. Stock Futures Point to Rebound From Market's 10% Decline
Nov. 27 (Bloomberg) -- U.S. stock-index futures climbed, pointing to a rebound from the market's first 10 percent drop in four years, after Citigroup Inc. said it will receive a $7.5 billion cash infusion from Abu Dhabi's government. (Tue, 27 Nov 2007 13:43:15 GMT)

Dow up more than 100 points as stocks bounce back
NEW YORK - U.S. stocks rebounded at Tuesday's start as Citigroup Inc.'s cash infusion from the Middle East offered some optimism for the battered financial sector. (Tue, 27 Nov 2007 15:01:00 GMT)

Weak consumer confidence report cuts into market gains
NEW YORK -- U.S. stocks trimmed early gains Tuesday as a larger-than-expected drop in consumer confidence offset early enthusiasm for financial stocks that had been sparked by a $7.5 billion cash infusion for Citibank. (Tue, 27 Nov 2007 15:34:00 GMT)

U.S. Stocks Rebound, Led by Citigroup, Consumer Product Makers
Nov. 27 (Bloomberg) -- U.S. stocks climbed after Citigroup Inc. received a $7.5 billion cash infusion and consumer-product makers rose on speculation they can weather an economic slowdown. (Tue, 27 Nov 2007 16:12:29 GMT)

Stocks advance on Citigroup
Stocks advanced on Tuesday, buoyed by news that Abu Dhabi will buy a stake for $7.5 billion in Citigroup Inc , spurring a rebound in the battered financial sector. (Tue, 27 Nov 2007 17:59:50 GMT)

Stocks advance after Abu Dhabi agrees to $7.5B investment in Citigroup
NEW YORK -- Wall Street rebounded today after the Abu Dhabi Investment Authority said it will invest $7.5 billion in Citigroup Inc. -- a vote of confidence for the nation's largest bank, which has suffered severe losses amid the ongoing crisis in the mortgage market. The Dow Jones industrials rose more than 200 points. (Tue, 27 Nov 2007 19:10:34 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. (Tue, 27 Nov 2007 20:52:06 GMT)

Cash America Chief Executive Officer Adopts 10b5-1 Plan
FORT WORTH, Texas----Cash America International, Inc. announced today that Daniel R. Feehan, the Company's Chief Executive Officer and President, has adopted a pre-arranged, systematic trading plan to sell company shares in accordance with guidelines specified by Rule 10b5-1 under the Securities and Exchange Act of 1934 and with Cash America's policies with respect to insider sales. (Tue, 27 Nov 2007 21:05:00 GMT)

Cash America Chief Executive Officer Adopts 10b5-1 Plan
Cash America International, Inc. (NYSE: CSH) announced today that Daniel R. Feehan, the Company’s Chief Executive Officer and President, has adopted a pre-arranged, systematic trading plan to sell company shares in accordance with ... (Tue, 27 Nov 2007 21:09:43 GMT)

Soltoro Completes Advance Royalty Payments on Portion of El Rayo Property
On November 23, 2007, Soltoro Ltd. entered into an agreement to issue 100,000 common shares of Soltoro Ltd. to Fury Exploration Ltd. in lieu of two cash advance royalty payments totaling US $75,000 due in the next year. (Tue, 27 Nov 2007 22:23:00 GMT)

Soltoro Completes Advance Royalty Payments on Portion of El Rayo Property
TORONTO, ONTARIO-- - On November 23, 2007, Soltoro Ltd. entered into an agreement to issue 100,000 common shares of Soltoro Ltd. to Fury Exploration Ltd. in lieu of two cash advance royalty payments totaling US $75,000 due in the next year. (Tue, 27 Nov 2007 22:23:18 GMT)

U.S. Stocks Rebound, Led by Banks; Citigroup, Intel Shares Rise
Nov. 27 (Bloomberg) -- U.S. stocks climbed after Citigroup Inc. received a $7.5 billion cash infusion and JPMorgan said Intel Corp. will benefit from ``robust'' computer demand. (Tue, 27 Nov 2007 23:12:21 GMT)

Australian Commodity Stocks Fall, Led by BHP; Banks Advance
Nov. 28 (Bloomberg) -- Australian commodity stocks dropped, led by BHP Billiton Ltd. and Newcrest Mining Ltd. after prices for metals such as copper and gold declined. (Tue, 27 Nov 2007 23:44:02 GMT)

Stocks advance as Citi secures cash
Wall Street rebounded Tuesday in response to the Abu Dhabi Investment Authority saying it will invest $7.5 billion in Citigroup Inc. - a vote of confidence for the nation's largest bank. (Wed, 28 Nov 2007 07:07:15 GMT)

Loan outlets target poor, advocates say
Government comes under fire for lack of regulations for fringe lending companies (Wed, 28 Nov 2007 11:17:06 GMT)

Group Advocates For Fair Payday Loans
Both sides of the payday loan issue are continuing to press their cases at an ongoing hearing in front of the Public Utilities Board in Winnipeg. (Wed, 28 Nov 2007 17:41:54 GMT)

Bank of the Carolinas Corporation Declares Cash Dividend
Bank of the Carolinas Corporation announced today that its Board of Directors has declared a cash dividend of $0.05 per share of common stock, payable on January 18, 2008, to shareholders of record on January 4, 2008. (Wed, 28 Nov 2007 20:04:00 GMT)

Bank of the Carolinas Corporation Declares Cash Dividend
MOCKSVILLE, N.C., Nov. 28 /PRNewswire-FirstCall/ -- Bank of the Carolinas Corporation ( Nachrichten ) announced today that its Board of Directors has declared a cash dividend of $0.05 per share of common stock, payable on January 18, 2008, to shareholders of record on January 4, 2008. (Wed, 28 Nov 2007 20:22:59 GMT)

Smart cash tips for budding businessmen
Some wise financial decisions could help you come up with the answers you need in an emergency. (Wed, 28 Nov 2007 21:34:40 GMT)

Australian Stocks Advance, Led by Macquarie, Commonwealth, BHP
Nov. 29 (Bloomberg) -- Australian stocks jumped, led by Macquarie Group Ltd. and Commonwealth Bank of Australia on speculation the Federal Reserve may try to stem losses in the credit market by cutting U.S. interest rates again. (Thu, 29 Nov 2007 03:44:02 GMT)

Hong Kong shares surge more than 4 percent on hopes of rate cut in US, Wall Street advance
Hong Kong shares soared Thursday, with property stocks leading the charge on hopes of a rate cut in the United States and improved sentiment on Wall Street. (Thu, 29 Nov 2007 04:36:00 GMT)

Falls proposal seeks payday-loan limits
CUYAHOGA FALLS: Legislation to limit the number of payday lenders in the Falls will go before City Council on Monday. (Thu, 29 Nov 2007 06:37:57 GMT)

NORTHWOOD TORNADO: Northwood receives $4 million advance on insurance settlement
Northwood (N.D.) School officials were presented with a $4 million check Wednesday issued by the state insurance department's Fire and Tornado Fund in advance of an anticipated claim settlement for damage to the school from an August tornado. (Thu, 29 Nov 2007 06:39:22 GMT)

When dogs bite: Hockey's underdogs cash in Wednesday
The resurgent Chicago Blackhawks and St. Louis Blues are for real. Just ask the Buffalo Sabres and Tampa Bay Lightning . Chicago (-125), trying to advance to the playoffs for only the second time in 11 years, beat Tampa Bay 5-1 on Wednesday... (Thu, 29 Nov 2007 10:20:20 GMT)

N.B. to set limits on payday loan fees
New Brunswick Justice Minister T.J. Burke has introduced legislative amendments that will set limits on the cost of borrowing from short-term lenders. (Thu, 29 Nov 2007 13:51:40 GMT)

US Cash Hogs Pre-Open: Mostly Steady Despite Huge Cutout Gain
KANSAS CITY (Dow Jones)--Cash hog prices in the Midwest Thursday are called mostly steady despite a huge gain in the pork cutout value Wednesday afternoon. (Thu, 29 Nov 2007 13:59:06 GMT)

Business Cash Advance Site FastUpFront Becomes A Major Player In The Business Loans Industry On-Line via Top ...
Another business cash advance company: FastUpFront, has made it to the top of Google and other search engines for related business loan keywords further strengthening business cash advance companies' positions in an industry once dominated solely by banks. (Thu, 29 Nov 2007 15:35:00 GMT)

Stocks ease after advance
Stocks inched lower Thursday morning, as higher oil prices and weak home sales gave investors a reason to retreat after a two-day rally that lifted the Dow industrials by nearly 550 points. (Thu, 29 Nov 2007 16:16:40 GMT)

Cash crisis closes theatre doors
Administrators say the Derby Playhouse is closed but staff insist they want to open a new show. (Thu, 29 Nov 2007 16:42:12 GMT)

Business Cash Advance Site FastUpFront Becomes A Major Player In The Business Loans Industry On-Line via Top ...
Another business cash advance company: FastUpFront, has made it to the top of Google and other search engines for related business loan keywords further strengthening business cash advance companies' positions in an industry once dominated solely by banks. (PRWeb Nov 29, 2007) Post Comment:Trackback URL: http://www.prweb.com/pingpr.php/U2luZy1IYWxmLUxvdmUtSG9yci1UaGlyLVplcm8= (Thu, 29 Nov 2007 17:02:25 GMT)

Citadel Storms E*Trade
Hedge fund provides $2.5B cash, but seems to be getting a lot more than it's giving. (Thu, 29 Nov 2007 19:23:12 GMT)

Markets manage advance
Stocks struggled higher Thursday, at the end of a bumpy session in which investors mulled weak home sales and mixed corporate news ahead of a key speech from Fed chairman Ben Bernanke in the evening. (Thu, 29 Nov 2007 22:16:00 GMT)

Hearing Told Payday Companies Should Share
Shared information between payday loan companies is being called for to prevent consumers from racking up multiple loans they can't afford. (Thu, 29 Nov 2007 22:41:13 GMT)

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