Cash Advance News Feb 2008

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Greater Southeast Turnaround Under Way
Officials with New England-based Specialty Hospitals of America told two committee chairmen of the D.C. Council on Thursday that the hospital no longer has to pay cash, in advance, for drugs and supplies. They say gleaming stainless-steel operating tables will replace the current rust-marred ones. (Fri, 01 Feb 2008 04:59:42 GMT)

Backers defend payday lending as needed
Standing against the backdrop of dozens of supporters wearing yellow stickers reading "I choose payday advance," backers of the payday-lending industry told a House committee yesterday why their product is better than bounced checks or late fees. (Fri, 01 Feb 2008 09:17:03 GMT)

Upgrades At SE Hospital Detailed
Greater Southeast Community Hospital no longer has to pay cash, in advance, for drugs and supplies. Its operating rooms soon will have gleaming stainless-steel tables, not ones marred by rust. (Fri, 01 Feb 2008 09:45:50 GMT)

Look Who's Making Coin Off The Credit Crisis
''Cash-advance'' shops are treading where other small-business lenders fear to go. (Fri, 01 Feb 2008 11:15:14 GMT)

Biffa Shares Advance on Speculation of Second Offer (Update1)
Feb. 1 (Bloomberg) -- Biffa Plc, the trash collector spun off from Severn Trent Plc, rose the most in more than two months in London trading on speculation the company may receive a second takeover bid. (Fri, 01 Feb 2008 13:09:11 GMT)

Stocks in Europe, Asia, U.S. Futures Advance; Yahoo, Rio Rally
Feb. 1 (Bloomberg) -- Stocks gained in Europe and Asia and U.S. futures rallied after Microsoft Corp. offered to buy Yahoo! Inc. for $44.6 billion and Alcoa Inc. and Aluminum Corp. of China Ltd. challenged BHP Billiton Ltd.'s bid for Rio Tinto Group. (Fri, 01 Feb 2008 14:04:35 GMT)

Stocks Advance in Europe, Asia; Yahoo, Rio Tinto, BHP Rally
Feb. 1 (Bloomberg) -- Stocks gained in Europe and Asia after Microsoft Corp. offered to buy Yahoo! Inc. for $44.6 billion and Alcoa Inc. and Aluminum Corp. of China Ltd. challenged BHP Billiton Ltd.'s bid for Rio Tinto Group. (Fri, 01 Feb 2008 14:34:28 GMT)

U.S. Stocks Advance After Yahoo Bid Overshadows Loss of Jobs
Feb. 1 (Bloomberg) -- U.S. stock rose and were poised for their best week in almost five years as Microsoft Corp.'s $44.6 billion offer to buy Yahoo! Inc. overshadowed a government report showing the first decrease in jobs in four years. (Fri, 01 Feb 2008 15:06:45 GMT)

Better Than A Payday Loan
Loans No fax on most loans . Half Price! Payday loans up to $1500. No games. www.PayDayMax.com (Fri, 01 Feb 2008 15:44:23 GMT)

U.S. Stocks Advance After Yahoo Bid Overshadows Jobs (Correct)
Feb. 1 (Bloomberg) -- U.S. stocks rose, building on their best weekly gain in almost five years, as Microsoft Corp.'s $44.6 billion offer to buy Yahoo! Inc. overshadowed a government report showing the first decrease in jobs since 2003. (Fri, 01 Feb 2008 15:52:01 GMT)

Update: Microsoft offers to buy Yahoo for $44.6 billion
Microsoft has offered to buy Yahoo for around $44.6 billion in cash and shares, to better compete with Google in the market for online services. (Fri, 01 Feb 2008 16:23:44 GMT)

European Stocks Advance, Led by Rio Tinto; BHP, Cap Gemini Gain
Feb. 1 (Bloomberg) -- European stocks climbed after Alcoa Inc. and Aluminum Corp. of China Ltd. challenged BHP Billiton Ltd.'s bid for Rio Tinto Group and Microsoft Corp. offered to buy Yahoo! Inc. for $44.6 billion. (Fri, 01 Feb 2008 17:24:01 GMT)

Biffa Shares Advance on Speculation of Second Offer (Update2)
Feb. 1 (Bloomberg) -- Biffa Plc, the trash collector spun off from Severn Trent Plc, rose the most in more than a month in London trading on speculation the company may receive a second takeover bid. (Fri, 01 Feb 2008 17:54:18 GMT)

Cash store robbery suspect identified
Miami-Dade police have released the identity of the suspect in the stickup of the Advance America cash advance store at 951 SW 160th St. on Thursday: Marvin Cannon, 56, of 10850 SW 182nd St. He was charged with two counts of armed robbery and one count of armed robbery plus one count of armed kidnapping in another case. He has a lengthy arrest record, including armed robbery, kidnapping, cocaine ... (Fri, 01 Feb 2008 20:31:10 GMT)

How much is too much for a payday loan?
The legislative battle over those so-called payday loans is heating up. Several bills seeking to reform the industry are set for debate in the General Assembly next week: first, in the Senate and then, the House. (Fri, 01 Feb 2008 21:33:43 GMT)

Debit-card advance charge leaves guest without $$$
We've talked before about the common practice of hotels putting a hold on credit card and debit-card limits and funds to cover room charges and possible incidentals and prevent guests from skipping out without paying. And I learned from you... (Fri, 01 Feb 2008 22:55:54 GMT)

Town Talk for Jan. 30
Cash advance? WELL, IT SEEMS that President Bush wants to give a tax rebate to those who pay taxes. What about us seniors who are too poor to pay taxes where do we fit in? (Sat, 02 Feb 2008 07:44:13 GMT)

Pr. William Needs More Funds for Crackdown
Cash-strapped Prince William County will look to its contingency reserve fund to pay for its crackdown on illegal immigrants. (Sat, 02 Feb 2008 17:36:35 GMT)

Login to OSNews
"At a recent Australian Linux conference, Sam Varghese reported that two Debian developers pointed out that the Debian Project needs more corporate support for 'men, money and machines' to advance the operating system. They're right. It does. (Sun, 03 Feb 2008 04:48:07 GMT)

News In Brief - February 3, 2008
Rock Hill payday advance store robbed (Sun, 03 Feb 2008 05:12:04 GMT)

Lawsuits by payday lenders swamp courts
"Payday loan" stores say most customers of their 500-percent-or-so-interest loans can afford them. Ads call them "hassle-free" or "quick and easy." But payday lenders have sued nearly 27,000 Utahns for nonpayment since 2005, Deseret Morning News research finds. (Sun, 03 Feb 2008 07:34:18 GMT)

"Perma-bear's" advice: Hold cash, not stocks
Jeremy Grantham, the money manager who oversees $157 billion as chairman of Grantham, Mayo, Van Otterloo & Co., says investors should shun... (Sun, 03 Feb 2008 08:34:20 GMT)

Supervisors Could Tap Reserves for Crackdown
Cash-strapped Prince William County will look to its contingency reserve fund to pay for its crackdown on illegal immigrants. (Sun, 03 Feb 2008 08:38:53 GMT)

New Infiniti comes with tennis tips, cash advice
Kelly Infiniti of Danvers will welcome the new EX35 luxury wagon while it provides a free tennis clinic and financial-planning session. The launch party takes place Saturday, Feb. 9, at the dealership, from 10 a.m. until 2 p.m. Refreshments will be provided. (Sun, 03 Feb 2008 13:51:38 GMT)

MORTGAGE MELTDOWN / PLENTY OF BLAME FOR LENDING MESS / Suits filed, agents hunting perpetrators of loan scams that ...
The hunt is on for the mortgage disaster's bad guys. Across the country, task forces of prosecutors, FBI agents, securities investigators, class-action lawyers and others are mobilizing to figure out who broke the law during the high-flying days when lenders... (Sun, 03 Feb 2008 17:14:29 GMT)

Markets Mixed
Despite Friday's surprise drop in the number of new jobs created in the US last month, American stockmarkets had a good week: the best week's gain in five years in fact. Friday's surprise $US45 billion cash and shares bid from Microsoft for Yahoo helped, as did news of a move by Alcoa and Aluminum Corp of China to swoop on 12% of the London listed shares in Rio Tino. Yahoo, the second-ranking ... (Sun, 03 Feb 2008 21:50:00 GMT)

New Zealand Stocks Advance
(RTTNews) - Monday, Wellington stocks were trading in the green. The benchmark NZX 50 Index was gaining 24.70 points or 0.67% to 3,732.82, while the NZX All Capital Index was adding 15.78 points or 0.42% to 3,789.73. (Mon, 04 Feb 2008 00:34:33 GMT)

Microsoft offers to buy Yahoo for $44.6 billion
Microsoft has offered to buy Yahoo for around US$44.6 billion in cash and shares, to better compete with Google in the market for online services. (Mon, 04 Feb 2008 02:53:28 GMT)

(AFX UK Focus) 2008-02-04 03:29 GMT: Asian markets rise with Wall Street but US economic woes cap gains
SINGAPORE (Thomson Financial) - Asian markets began the week with strong gains Monday as Wall Street's advance Friday fueled buying of battered stocks although many are worried the upturn could be short-lived due to concerns about the health of the US economy. (Mon, 04 Feb 2008 03:53:52 GMT)

U.K. Stocks Including Vodafone Group Fall; ITV Shares Advance
Feb. 4 (Bloomberg) -- U.K. stocks including Vodafone Group Plc declined. Rio Tinto Group retreated after Numis Securities Ltd. suggested investors ``take profits.'' (Mon, 04 Feb 2008 10:21:06 GMT)

Stocks Rise in Europe, Asia; Mitchells & Butlers, ITV Advance
Feb. 4 (Bloomberg) -- Stocks rose for a second day in Europe and Asia on takeover speculation after U.K. pub owner Mitchells & Butlers Plc received a merger proposal and Fortescue Metals Group Ltd. said it held talks with ``strategic'' investors. (Mon, 04 Feb 2008 12:44:16 GMT)

URON Inc. Embarks on Strategy of Becoming Premier Payday Lender
OMAHA, Neb.----URON, Inc. today announced its strategy of becoming a premier payday lender in the high growth cash advance industry through acquiring branch locations providing short-term consumer loan products, particularly payday and title loans, throughout the United States. (Mon, 04 Feb 2008 13:00:00 GMT)

U.K. Stocks Advance; ITV, M&B, Friends Provident Shares Rise
Feb. 4 (Bloomberg) -- U.K. stocks advanced, led by ITV Group Plc after the Observer reported private equity firms are considering a 3 billion-pound ($5.9 billion) bid for the U.K. television broadcaster. (Mon, 04 Feb 2008 13:35:17 GMT)

URON Inc. Embarks on Strategy of Becoming Premier Payday Lender
URON, Inc. (OTCBB:URRN.OB) today announced its strategy of becoming a premier payday lender in the high growth cash advance industry through acquiring branch locations providing short-term consumer loan products, particularly payday and title loans, throughout the United States. (Mon, 04 Feb 2008 13:42:47 GMT)

Coventree May Fall on Possible Closure; BCE Shares May Advance
Feb. 4 (Bloomberg) -- Coventree Inc., the issuer of asset- backed commercial paper that sparked a freeze in the Canadian market in August, may plunge, based on bids on the Toronto Stock Exchange, after failing to win a contract to administer trusts that own the securities. (Mon, 04 Feb 2008 14:44:36 GMT)

GOP-led House panel backs payday loans deal
It appears the Republican-controlled House is lining up behind a proposal slapping an interest-rate cap on payday lenders, who claim such restrictions could put them out of business. Del. Terry Kilgore, chairman of the House Commerce and Labor Committee and a ally of payday lenders, is holding a news conference this morning to announce a compromise on legislation cleaning up the high-cost, ... (Mon, 04 Feb 2008 15:14:36 GMT)

European Stocks Rise; Mitchells & Butlers, ASM, ITV Advance
Feb. 4 (Bloomberg) -- European stocks rose amid expectations of more takeovers after U.K. pub owner Mitchells & Butlers Plc received a merger proposal and the Sunday Express said investors plan to bid for ASM International NV. (Mon, 04 Feb 2008 16:39:01 GMT)

Payday Lending Reform Legislation Unveiled
Comprehensive Payday Lending Reform Legislation Unveiled. Compromise Reform Measure Includes 36% Cap on Interest, Set Fees, Independent Database (Mon, 04 Feb 2008 17:15:09 GMT)

European Stocks Rise; Mitchells & Butlers, ASM, ITV Advance
Feb. 4 (Bloomberg) -- European stocks rose on takeover speculation after U.K. pub owner Mitchells & Butlers Plc received a merger proposal from Punch Taverns Plc and the Sunday Express said investors plan to bid for ASM International NV. (Mon, 04 Feb 2008 17:19:28 GMT)

Virginia Delegates Announce Payday Lending Compromise
posted 12:30 pm Mon February 04, 2008 - RICHMOND, Va. Borrowers would have longer to repay a payday loan but would be limited in the number they could take out each year under a compromise announced by members of the House of Delegates. (Mon, 04 Feb 2008 17:37:30 GMT)

Sevierville store robbed at gunpoint
Sevierville Police are looking for a woman that held up a cash advance store at gunpoint Monday afternoon. (Mon, 04 Feb 2008 20:19:25 GMT)

Virginia Delegates Announce Payday Lending Compromise
Borrowers would have longer to repay a payday loan but would be limited in the amount they could take out each year under a compromise announced by members of the House of Delegates. (Mon, 04 Feb 2008 20:19:58 GMT)

Woman robs Sevierville check-cashing store
SEVIERVILLE - Sevierville Police Department officers are searching for a woman who used a pistol this afternoon to rob Check First Cash Advance, 821 Dolly Parton Parkway. (Mon, 04 Feb 2008 20:45:59 GMT)

Senate committee delays action on bills to curtail payday loan industry
After more than 90 minutes of testimony in a packed committee room this afternoon, the Senate Commerceandnbsp;and Law Committee delayed action on a host of bills that would curtail or end the industry altogether. A similar hearing is scheduled for the House commerce and law committee Tuesday. ... (Mon, 04 Feb 2008 21:52:22 GMT)

Virginia delegates announce payday lending compromise
RICHMOND - Borrowers would have longer to repay a payday loan but would be limited in the number they could take out each year under a compromise announced by members of the House of Delegates. The interest rate on the loans would be capped at 36 percent, but lenders would be allowed to charge other fees similar to those they already require. Under the compromise outlined today in Richmond, ... (Mon, 04 Feb 2008 22:14:37 GMT)

Sevierville cash advance business robbed
Sevierville Police are looking for a woman suspected of robbing the Check First Cash Advance on Dolly Parton Parkway Monday afternoon. (Mon, 04 Feb 2008 22:26:27 GMT)

Va. delegates announce payday lending compromise
Borrowers would have longer to repay a payday loan but would be limited in the number they could take out each year under a compromise announced by members of the House of Delegates. (Tue, 05 Feb 2008 00:03:44 GMT)

Virginia delegates announce payday lending compromise
RICHMOND, Va. (AP) -- Borrowers would have longer to repay a payday loan but would be limited in how many they could get each year under a compromise announced Monday by members of the House of Delegates who say they want to protect Virginians from getting trapped in debt without putting the lenders out of business. (Tue, 05 Feb 2008 01:58:18 GMT)

Va. House Reaches Compromise on Payday Loan Reforms
Virginia House leaders announced today a deal to reform the payday loan industry that would include capping the interest rate on loans and limiting the number of loans a customer can take out at a time. (Tue, 05 Feb 2008 04:34:58 GMT)

Payday loan restrictions advance the deal
Payday loans getting legislative attention (Tue, 05 Feb 2008 05:52:35 GMT)

Report: Payday loans dig hole of debt
Low-income Kentuckians lose millions of dollars a year in fees to payday loan companies and are often pushed into a cycle of debt that is hard for them to escape, according to a report by Kentucky Youth Advocates. The report, "Payday Lending: Whittling Away at Working Families' Income," says a typical payday loan customer who takes out a $300 loan will get back just $255 in cash once $45 in fees ... (Tue, 05 Feb 2008 08:15:58 GMT)

Payday loan vote due today?
The House Committee on Commerce and Labor is expected to vote on a bill that would put a 36 percent cap on interest rates for payday loans. (Tue, 05 Feb 2008 11:29:36 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, 05 Feb 2008 12:40:56 GMT)

Toll roads cash-free next year
QUEENSLAND'S toll roads will be cash-free from next year ? two years earlier than planned. (Tue, 05 Feb 2008 13:00:00 GMT)

Payday loan compromise to be discussed in House committee
The payday loan industry in Virginia could be undergoing some changes after state lawmakers yesterday announced a compromise on how many loans can be borrowed and when. (Tue, 05 Feb 2008 13:48:54 GMT)

Lawmakers find middle ground in payday lending
RICHMOND (AP) — Borrowers would have longer to repay a payday loan right away but would be limited in how many they could get each year under a compromise announced yesterday by members of the House who say they want to protect Virginians from getting trapped in debt without putting the lenders out of business. (Tue, 05 Feb 2008 15:14:51 GMT)

Virginia Announce Payday Lending Bargain
Borrowers would have longer to repay a payday loan but would be limited in how many they could get each year under a compromise announced Monday by members of the House of Delegates who say they want to protect Virginians from getting trapped in debt without putting the lenders out of business. (Tue, 05 Feb 2008 16:56:39 GMT)

Thompson netted most local cash
In the midst of a hot presidential primary, some Murfreesboro residents dug into their pockets to support candidates, most of it for Republican Fred Thompson who dropped out two weeks ago. (Tue, 05 Feb 2008 18:30:12 GMT)

Thompson netted most local fundraising cash
Gannett News Service contributed to this story. In the midst of a hot presidential primary, some Murfreesboro residents dug into their pockets to support candidates, most of it for Republican Fred Thompson who dropped out two weeks ago. (Tue, 05 Feb 2008 19:29:52 GMT)

Government knew nothing about Mulroney cash: Rock
Former justice minister Allan Rock says outcome of Mulroney's lawsuit against federal government would have been very different had officials known about his cash dealings with Schreiber (Tue, 05 Feb 2008 20:05:03 GMT)

Local golf: Sutcliffe, Nalyd advance out of ACE pre-qualifier
Nevin Sutcliffe of Bonita Bay Club East shot a 69 and Ric Nalyd of Bonita Bay Club East had a 70 as both made it through the pre-qualifier for The ACE Group Classic at The Plantation Golf & Country Club in Fort Myers on Tuesday. (Wed, 06 Feb 2008 05:00:18 GMT)

Committee OKs payday-loan bill
RICHMOND (AP) — The House payday-lending compromise bill cleared its first hurdle yesterday despite some legislators' concerns that it will put the short-term, small-cash lenders out of business. (Wed, 06 Feb 2008 06:13:22 GMT)

Seattle-based Watermark Credit Union Launches Payday Freedom to Break the Payday Loan Cycle
Seattle-based Watermark Credit Union is excited to announce the launch of its Payday Freedom product, designed to help its members break the payday loan cycle. (Wed, 06 Feb 2008 07:01:00 GMT)

Sides reach compromise on payday lending
RICHMOND - Borrowers would have longer to repay a payday loan but would be limited in how many they could get each year under a compromise announced Monday by members of the House of Delegates who say they want to protect Virginians from getting trapped in debt without putting the lenders out of business. Tired of talks between the industry and anti-payday lending advocates going nowhere, Del. ... (Wed, 06 Feb 2008 08:15:25 GMT)

Payday lenders question proposed limits
An effort by the Kentucky Youth Advocates to tighten regulations that apply to payday loan companies could face opposition from the industry. Irene Spargrove, public relations specialist for Checksmart Financial, which operates payday advance stores in 10 states including Kentucky, said payday loans are less expensive than overdraft or late fees. "Consumers have chosen to go with a payday ... (Wed, 06 Feb 2008 08:22:07 GMT)

RapidAdvance Enters Canadian Market to Serve the Growing Financial Needs of Small Business Merchants
BETHESDA, Md.----RapidAdvance, LLC, a leading provider of merchant cash advances, is expanding its service offerings to small and mid-sized business owners in the Canadian market. RapidAdvance has partnered with Advantex Marketing International Inc. to sell and market its merchant cash advance program to Canadian business owners who need access to funds to support their growth, purchase ... (Wed, 06 Feb 2008 13:00:00 GMT)

Bill Elminating Cash Proffers Opposed By Board
Chesterfield County isn’t ready to be an example for the Commonwealth with a proposed state senate bill that alters the current course of proffers with development and introduces limited impact fees. (Wed, 06 Feb 2008 14:18:40 GMT)

London close: Blue chips track US advance
An early rally on Wall Street hauled London off its worst levels of the day, sending the leading index into positive territory despite weak miners and a dreary insurance sector. (Wed, 06 Feb 2008 17:04:00 GMT)

European Stocks Advance; TUI, Societe Generale, Iberdrola Gain
Feb. 6 (Bloomberg) -- European stocks advanced as takeover speculation outweighed concern that a cooling global economy will curb earnings growth. TUI AG led a rally by travel stocks after the Financial Times said it's in talks with Temasek Holdings Pte on merging marine units. (Wed, 06 Feb 2008 17:20:35 GMT)

McCain's widens lead, Clinton lends cash
Sen. John McCain padded his lead in the race for Republican national convention delegates Wednesday, claiming far more than his three remaining rivals combined as he prodded conservative critics to cut him some slack. (Wed, 06 Feb 2008 21:06:52 GMT)

Advance America Schedules Fourth Quarter Conference Call
Advance America, Cash Advance Centers, Inc. will release fourth quarter of 2007 financial results on Wednesday afternoon February 13, 2008 after the stock market closes. The company will discuss the results on a conference call Thursday, February 14 at 9:00 a.m. . (Wed, 06 Feb 2008 21:30:00 GMT)

US Senate fails to advance its own economic stimulus plan
WASHINGTON - THE US Senate failed on Wednesday to advance its own version of an economic stimulus programme, boosting the odds for a White House-backed version approved last week by the House of Representatives. (Thu, 07 Feb 2008 00:48:36 GMT)

US Senate fails to advance its own economic stimulus plan
The US Senate failed Wednesday to advance its own version of an economic stimulus program, boosting the odds for a White House-backed version approved last week by the House of Representatives. (Thu, 07 Feb 2008 00:52:31 GMT)

McCain widens lead, Clinton lends cash
Sen. John McCain padded his commanding delegate lead in the Republican presidential race Wednesday and urged conservative critics to cut him some slack. In a Democratic surprise, Hillary Rodham Clinton disclosed she'd lent $5 million to her cash-short campaign. (Thu, 07 Feb 2008 04:31:52 GMT)

Sales
• Houston's PM Realty Group brokered the sale of the 39,818-square-foot Highland Commons Shopping Center at 5775 Airport Blvd. for Vista Property Co. Tenants include Spec's Wines, Spirits & Finer Food, EyeMart and Advance America-Cash Advance. (Thu, 07 Feb 2008 04:59:56 GMT)

Photoshop World advance registration begins
Advance registration has begun for the Photoshop World Conference, an educational event sponsored by Adobe Systems and produced by the National Association of Photoshop Professionals (NAPP). This year's conference features more than 100 in-depth classes taught by 40 top industry experts -- including Scott Kelby, Dave Cross, Katrin Eismann, Bert Mon... (Thu, 07 Feb 2008 15:37:00 GMT)

McCain widens lead, Clinton lends cash
By DAVID ESPO Sen. John McCain padded his commanding delegate lead in the Republican presidential race Wednesday and urged conservative critics to cut him some slack. In a Democratic surprise, Hillary Rodham Clinton disclosed she'd lent $5 million to her cash-short campaign. "And I think the results last night proved the wisdom of my investment," said the former first lady, one day after ... (Thu, 07 Feb 2008 17:58:53 GMT)

CME Lumber Review: Surge On Cash; March Ends Limit Up
KANSAS CITY (Dow Jones)--Chicago Mercantile Exchange lumber futures surged Thursday on reports of higher cash sales, short covering and tripped buy stops. (Thu, 07 Feb 2008 20:34:54 GMT)

Lawmakers target payday lending
Two Colorado lawmakers on Thursday unveiled what Rep. Mark Ferrandino, D-Denver, called "the most comprehensive payday loan bill in the nation." (Thu, 07 Feb 2008 22:30:40 GMT)

Obama, Clinton report big Internet cash influx
The Democratic money race accelerated dramatically Thursday as rivals Hillary Rodham Clinton and Barack Obama reported massive outpourings of cash in advance of four more contests this weekend. (Fri, 08 Feb 2008 03:56:14 GMT)

Police seek robber of payday loan stores
Pierce County law officers were searching Thursday for a man suspected in several recent takeover-style robberies at payday loan stores. (Fri, 08 Feb 2008 09:22:01 GMT)

Payday lending vote due today
The fight over a Virginia General Assembly clampdown on payday lending goes to the full House of Delegates today. House Bill 12, which would clamp down on payday lending, is up for tentative approval in the House. Lenders oppose the measure, whose provisions include one that they say is a death sentence for their industry: a limit of five loans per year, with one loan at a time. (Fri, 08 Feb 2008 11:57:44 GMT)

Payday loan bill before House today
Richmond Times-Dispatch House Bill 12, which would clamp down on payday lending, is up for tentative approval in the House. Lenders oppose the measure, whose provisions include one that they say is a death sentence for their industry: a limit of five loans per year, with one loan at a time. Payday lending employs some 2,400 workers at about 800 Virginia outlets that last year dispensed nearly ... (Fri, 08 Feb 2008 13:08:14 GMT)

Bill Would Cap Payday Loan Interest Rates At 36%
State lawmakers are considering a proposal to limit what payday lenders can charge their customers and stop people from being able to get multiple short-term loans. (Fri, 08 Feb 2008 15:52:52 GMT)

Stars advance in Windward League
Stars will be hoping to advance to the semifinal stage and then to the final to return home with one of the attractive cash prizes. The league champions will collect $5000. (Fri, 08 Feb 2008 17:10:10 GMT)

Colo. Bill Would Cap Payday Loan Rates
State lawmakers are considering a proposal to limit what payday lenders can charge their customers and stop people from being able to get multiple short-term loans. (Fri, 08 Feb 2008 18:00:40 GMT)

U.K. Stocks Advance, Led by Antofagasta, Kazakhmys; Glaxo Falls
Feb. 8 (Bloomberg) -- U.K. stocks climbed the most in a week, led by mining companies Antofagasta Plc and Kazakhmys Plc as metal prices gained in London. BG Group Plc rose after UBS AG advised investors to buy the stock. (Fri, 08 Feb 2008 18:01:29 GMT)

Albuquerque Armed Robbery Caught On Tape
Police reports show Advanced America Cash Advance stores have been robbed at least three times in the last few weeks. Investigators believe the same person is responsible. (Sat, 09 Feb 2008 05:05:14 GMT)

Payday loan limits advance in House
Payday lenders launch TV ads to counter efforts to restrict loans to five a year. (Sat, 09 Feb 2008 07:43:14 GMT)

No Headline
According to the most recent statistical data documented from the National Funeral Directors Association, the average cost of an adult funeral in 1996, excluding (outer burial container, cemetery, monument or cash advance items such as flowers or obituaries) was $4,782. (Sun, 10 Feb 2008 04:44:36 GMT)

Your Calendar - West Lake County edition
Find out about events going on in your community, and plan your week’s activities with The Times. To get listed in the calendar, submit items at least 10 days in advance to community editor Melinda Moore. (Sun, 10 Feb 2008 06:14:08 GMT)

Sweet repeat for Kouts
KOUTS | Kouts coach Michael Cronkhite preached survival before Saturday's sectional title game. "Survive and advance, that's what I kept telling the girls" Cronkhite said. "We did just that." (Sun, 10 Feb 2008 06:24:51 GMT)

Cutting the Cost of Doing Business
(ARA) - Small business will always be the backbone of the American economy, but some small business owners may feel left out when it comes to technology. It may seem that each new technological advance really only benefits big companies. (Sun, 10 Feb 2008 11:39:07 GMT)

Senate panels to pass ceded land bill
A bill to approve a multimillion-dollar settlement between the state and the Office of Hawaiian Affairs over the use of ceded lands will advance in the Legislature, even though lawmakers still have concerns over the measure. (Sun, 10 Feb 2008 11:41:38 GMT)

News and Features for Wasilla, Alaska
MAT-SU — From Wasilla to Willow, Mat-Su Valley businesses are looking to cash in on the Iditarod. The Iditarod Sled Dog Race brings spectators from across the globe to witness a truly Alaska-style event. (Sun, 10 Feb 2008 13:10:34 GMT)

Fed's Rate Cuts Bring No Relief For Consumers' Credit Card Bills
The Federal Reserve's dramatic rate cuts were expected to make it cheaper for consumers to use credit cards. But credit card interest rates remain high and in many cases have even climbed. (Mon, 11 Feb 2008 03:43:47 GMT)

Payday groans: 'Reform' would hurt the poor
LEGISLATORS are about to "help" the poor and those who fall on tough economic times by pushing more of them to bounce checks, borrow from unscrupulous, unregulated lenders, or go on public assistance. (Mon, 11 Feb 2008 05:17:03 GMT)

Payday-lending opponents argue for rate cap
Opponents of payday lending brought out their big guns last week, including researchers, a distraught borrower and a former Republican lawmaker, to argue why the high-interest, short-term loans cause far more financial problems than they can ever hope to solve. (Mon, 11 Feb 2008 08:43:50 GMT)

American Financial Realty Sees Charges
American Financial Realty Trust, a real estate investment trust, said Monday it will record about $18.4 million in impairment charges in its recently completed fourth quarter, related to the sale of some properties in advance of its pending $1.1 billion takeover. (Mon, 11 Feb 2008 13:41:36 GMT)

Cash Systems, Inc. Announces New Contract
Cash Systems, Inc. (NASDAQ: CKNN), a provider of cash access solutions for the gaming industry, today announced a new multi-year contract with Gold River Casino where Cash Systems will provide it's full line of cash access services including all-in-1atm services, casinopc for cash advance services, and ecash checking. (Mon, 11 Feb 2008 14:09:13 GMT)

BOND REPORT: Treasurys Slip As Stocks Advance
Treasurys edged lower in early trade Monday, sending yields higher, as a dearth of economic data helped investors set aside concerns about a possible recession and paved the way for a higher opening of stocks on Wall Street. (Mon, 11 Feb 2008 14:47:26 GMT)

Schumer: Beware of loan scams on stimulus checks
Sen. Charles Schumer warned New Yorkers yesterday to avoid payday loan providers offering to give a cash advance on the $600 stimulus checks taxpayers will receive in June. (Mon, 11 Feb 2008 15:38:18 GMT)

AUTOMOBILE DONATIONS
DONATE VEHICLE. Receive free vacation voucher. Noah's Arc. Support no kill shelters, research to advance veterinary treatments. Free towing, tax deductible, non-runners accepted 1-866-912-give. (Mon, 11 Feb 2008 15:41:28 GMT)

House passes payday lending reform bill
Associated Press - February 11, 2008 11:35 AM ET RICHMOND, Va. (AP) - The House overwhelmingly passed its payday lending reform compromise bill, while the Senate scrambled to finish work on the... (Mon, 11 Feb 2008 16:41:52 GMT)

House Passes Payday Lending Bill
RICHMOND, Va. (AP) - The House overwhelmingly passed its payday lending reform compromise bill, while the Senate scrambled to finish work on the issue. The House bill passed 91-7 Monday with no debate. It (Mon, 11 Feb 2008 16:42:12 GMT)

House passes payday lending reform bill
RICHMOND, Va. (AP) - The House overwhelmingly passed its payday lending reform compromise bill, while the Senate scrambled to finish work on the issue. (Mon, 11 Feb 2008 16:50:41 GMT)

House passes clampdown on payday lending
A House-written clampdown on payday lenders is on its way to the Senate after having cleared the House of Delegates this morning by a vote of 91-7. House Bill 12 would limit the number of loans borrowers can have each year, extend the amount of time they have to repay a loan and cap at 36 percent the annual interest rate lenders can charge, although it allows them to charge other fees. (Mon, 11 Feb 2008 17:27:44 GMT)

(AFX UK Focus) 2008-02-11 17:54 GMT: Skipton Building Society says unit buys 90 pct in BDS Mortgage for 4.2 mln stg
LONDON (Thomson Financial) - Skipton Building Society said it has bought 90 pct stake in BDS Mortgage Group Ltd for 4.2 mln stg in cash through its unit Advance Mortgage Funding Ltd, which trades as Pink Homeloans. (Mon, 11 Feb 2008 18:12:48 GMT)

Payday Loan Reform
RICHMOND, Va. (AP) - The House overwhelmingly passed its payday lending reform compromise bill, while the Senate scrambled to finish work on the issue. (Mon, 11 Feb 2008 18:31:08 GMT)

Virginia House Passes Payday Lending Reform Bill
posted 3:33 pm Mon February 11, 2008 - Richmond, Va. The House overwhelmingly passed its payday lending reform compromise bill, while the Senate scrambled to finish work on the issue. (Mon, 11 Feb 2008 20:41:59 GMT)

Payday Lending Compromise Bill Clears Committee
posted 4:25 pm Tue February 05, 2008 - Richmond, Va. The House payday lending compromise bill cleared its first hurdle despite some legislators' concerns that it will put the short-term, small-cash lenders out of business. (Mon, 11 Feb 2008 20:42:07 GMT)

Friday, Feb. 22
Here's a list of upcoming parties tied to the 2008 CIAA Tournament this month. (Times and cover charges are subject to change.) -- Sarah Aarthun Friday, Feb. 22 • " Pre-CIAA Comedy Gzam Kickoff" at the Omegas of Charlotte's fraternity house. 9 p.m. 3301 Statesville Ave. $15 in advance, $20 at the door. Willie Ramey, 704-614-3497. www.piphiomegas.org . Tuesday, Feb. 26 • ... (Mon, 11 Feb 2008 21:12:47 GMT)

Senate fails to reach compromise on payday loan reform bill
RICHMOND The Senate's commerce and law committee did not reach a compromise between opponents and supports of payday lending today, even as the House voted in support of a bill that would cap interest rates for short-term loans at 36 percent. andquot;There will be a bill, one way or another,and ... (Mon, 11 Feb 2008 21:15:42 GMT)

Bloc cash for victims’ kin
Dinhata, Feb. 11: Forward Bloc leader Debabrata Biswas today handed over cheques of Rs 3 lakh each to the families of the five party supporters who had fallen to police bullets on February 5. (Mon, 11 Feb 2008 22:40:47 GMT)

Instant Overview of the Malaysian Credit Card Market for 2007 which Covers Purchase and Cash Advance
Research and Markets (http://www.researchandmarkets.com/reports/c82391) has announced the addition of "Snapshots Malaysia Credit Cards 2007" to their offering. (Tue, 12 Feb 2008 01:45:00 GMT)

Instant Overview of the Malaysian Credit Card Market for 2007 which Covers Purchase and Cash Advance
DUBLIN, Ireland----Research and Markets has announced the addition of "Snapshots Malaysia Credit Cards 2007" to their offering. (Tue, 12 Feb 2008 01:45:00 GMT)

FIAMMA HOLDINGS PROPOSES RIGHTS WITH WARRANTS & ACQUISITIONS
FIAMMA HOLDINGS reported Feb 6, 2008 that the Company is proposing the following: 1. Acquisition of 100% in UNIPHOENIX JAYA sb comprising 5.0m shares of RM1.00 par for RM12.8m cash from NG HOOK, LIM SOO KONG and NGO WEE BIN. UNIPHOENIX owns 7.7 acres of freehold subdivided land and 34 completed units of shophouses in Kota Tinggi, Johore. (Tue, 12 Feb 2008 02:02:08 GMT)

Bill delays payday-loan ban by 2 years
PHOENIX — A state lawmaker is pushing to give Arizona's payday-loan industry at least a temporary reprieve from being wiped out. (Tue, 12 Feb 2008 07:19:51 GMT)

Payday Lender Contributions
A bill passed the house Monday to reform the payday loan industry. It limits the number and length of loans and caps the interest rate at 36 percent. And as our Haley Harrison shows us, while politicians say it's time to change the industry, many have accepted money from the same lenders they're trying to regulate. (Tue, 12 Feb 2008 10:21:07 GMT)

Talks/Authors
The Brain Fitness Market Alvaro Fernandez, SharpBrains.com. Moderator: Zack Lynch. Panel discussion on brain-fitness applications to train cognitive abilities. Tue., Feb. 12, 6-8:30 p.m. $20 in advance; $25 for walk-ins ( cash or check only). (Tue, 12 Feb 2008 11:47:15 GMT)

Free cash thanks to the IRS :Tax credit often overlooked by working families with low incomes.
How does an extra $4,700 sound this year? (Tue, 12 Feb 2008 12:14:10 GMT)

Bordentown wrestlers advance into uncharted waters
Bordentown High School wrestling coach Joe Sprague wore all black last night, like those legends of the music and coaching worlds. He encouraged Scotties' fans to do the same for their first-ever home playoff match. (Tue, 12 Feb 2008 13:02:11 GMT)

Houses passes payday lending reform bill
The state Senate will try to pass a payday lending reform bill. Tuesday’s the deadline for each chamber to complete work on its own bills. The House passed a reform bill Monday. It limits the number of loans borrowers can have each year and extends the amount of time they have to repay a loan. (Tue, 12 Feb 2008 18:21:31 GMT)

Senate introduces payday lending reform legislation
RICHMOND, Va. (AP) - The Senate introduced its version of payday lending reform that would protect those who get trapped in debt but leave the small, short-term loans as an option for those who use them responsibly. (Tue, 12 Feb 2008 21:22:42 GMT)

Senate introduces payday lending reform legislation
Associated Press - February 12, 2008 4:15 PM ET RICHMOND, Va. (AP) - The Senate introduced its version of payday lending reform that would protect those who get trapped in debt but leave the... (Tue, 12 Feb 2008 21:27:00 GMT)

Steel Partners Japan Responds to Sapporo Special Committee: Says Committee's Assertions Not Supported by Facts
Steel Partners Japan Strategic Fund (Offshore), L.P. ("SPJSF") today delivered to Sapporo Holdings Limited (TOKYO:2501) (the "Company") a detailed response to the findings of the Special Committee established by the Company's Board of Directors under the Company's Advance Warning System. (Tue, 12 Feb 2008 23:50:00 GMT)

Trumbull lawsuit settled for cash, apology
TRUMBULL — The world has grown a little greener for Tree Warden Warren Jacques. The town has forked over $300,000, following Town Council consent, to settle a lawsuit Jacques filed in reaction (Wed, 13 Feb 2008 01:42:35 GMT)

District gets advance on FEMA money
The cash-strapped Recovery School District has secured a $50 million line of credit to settle its outstanding bills, mostly for construction, and to finance future construction, school officials announced Tuesday. (Wed, 13 Feb 2008 03:21:32 GMT)

Senate Introduces Payday Lending Reform Legislation
Those trapped in debt by payday loans would have dramatically longer to repay a loan under an industry reform bill passed Tuesday by senators who said they wanted to protect the vulnerable while leaving the option open for responsible borrowers. (Wed, 13 Feb 2008 04:23:49 GMT)

Senate passes measure giving payday borrowers more time
RICHMOND (AP) — Those trapped in debt by payday loans would have a dramatically longer period to repay a loan under an industry reform bill passed yesterday by senators who said they want to protect the vulnerable while leaving the option open for responsible borrowers. (Wed, 13 Feb 2008 05:57:26 GMT)

Cash-advance company teller arrested
A man was arrested Tuesday after deputies say he stole money from the Golden Gate check-cashing business where he works so he could fix his car. (Wed, 13 Feb 2008 12:54:01 GMT)

Advance Nanotech Announces Shareholder Proxy Vote Results
Advance Nanotech, Inc., , a leader in next generation chemical detection systems, announced today that at a special meeting of shareholders held at Company headquarters in New York, on February 12, 2008, a proposal was approved to increase the authorized number of shares of Capital stock from 100,000,000 shares to 225,000,000 shares. (Wed, 13 Feb 2008 13:00:00 GMT)

Senate passes payday lending reform legislation
The Senate passed its version of payday lending reform that would protect those who get trapped in debt but leave the small, short-term loans as an option for those who use them responsibly. (Wed, 13 Feb 2008 13:21:31 GMT)

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