Cash Advance News Feb 2008

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Recovery School District gets advance on FEMA money
Associated Press - February 13, 2008 9:04 AM ET NEW ORLEANS (AP) - The cash-strapped New Orleans Recovery School District has secured a $50 million line of credit to settle its outstanding... (Wed, 13 Feb 2008 14:04:23 GMT)

School District Gets Advance On FEMA Money
NEW ORLEANS -- The cash-strapped New Orleans Recovery School District has secured a $50 million dollar line of credit to settle its outstanding bills, mostly for construction, and to finance future construction. (Wed, 13 Feb 2008 16:16:34 GMT)

Advance Auto Parts Reports Fourth Quarter and Annual Results
ROANOKE, Va.----Advance Auto Parts, Inc. , a leading retailer of automotive aftermarket parts, accessories, batteries, and maintenance items, today announced its financial results for the fourth quarter and fiscal year ended December 29, 2007. (Wed, 13 Feb 2008 21:18:00 GMT)

Advance America Announces Record Annual Revenue of $709.6 Million
Advance America, Cash Advance Centers, Inc. today reported the results of its operations for the year and fourth quarter ended December 31, 2007. (Wed, 13 Feb 2008 21:30:00 GMT)

Advance Auto Parts Reports Fourth Quarter and Annual Results
Advance Auto Parts, Inc. (NYSE:AAP), a leading retailer of automotive aftermarket parts, accessories, (Wed, 13 Feb 2008 21:33:57 GMT)

Advance Auto Declares 6-Cent Dividend
Advance Auto Parts Inc., a retailer of automotive aftermarket parts, on Wednesday declared a regular quarterly cash dividend of 6 cents. (Wed, 13 Feb 2008 22:48:24 GMT)

Bell Policy Center tracks payday borrowing
Borrowers took out nine payday loans on average in 2006, at an average annual interest rate of 353 percent, according to a study released Wednesday by the Bell Policy Center and the Center for Policy Entrepreneurship. (Wed, 13 Feb 2008 23:53:57 GMT)

U.S. Stocks Advance for Third Day, Led by Tech, Energy Shares
Feb. 13 (Bloomberg) -- U.S. stocks rose for a third day, the longest stretch of gains in 2008, after increased demand at Applied Materials Inc. spurred a technology rally and energy shares advanced on higher gas-station sales. (Thu, 14 Feb 2008 00:06:44 GMT)

Proposed bill would cap payday loan interest rates at 36%
CONCORD -- Gov. John Lynch has embraced a cautious approach on the eve of a pivotal state Senate vote on whether to cap the interest charged to consumers for short-term loans. ... - By KEVIN LANDRIGAN Telegraph Staff (Thu, 14 Feb 2008 05:29:06 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. (Thu, 14 Feb 2008 05:43:56 GMT)

Advance Auto Parts Reports Fourth Quarter and Annual Results
ROANOKE, Va.-- Advance Auto Parts, Inc. , a leading retailer of automotive aftermarket parts, accessories, batteries, and maintenance items, today announced its financial results for the fourth quarter and fiscal year ended December 29, 2007. (Thu, 14 Feb 2008 07:08:25 GMT)

Officials move to limit number of short-term loan companies in city
Florissant officials are moving ahead with trying to close loopholes in ordinances limiting the number of short-term loan companies in the city. (Thu, 14 Feb 2008 16:20:02 GMT)

Lawmakers Debate Payday Lending Limits
The South Carolina Senate is debating a bill that would put strict limits on the payday lending industry. (Thu, 14 Feb 2008 18:07:09 GMT)

Advance Auto Parts Faces Challenges
Though it is generating top-line growth by opening new stores, the company is currently facing a challenging industry environment. (Thu, 14 Feb 2008 20:21:08 GMT)

Senate approves payday loan interest rate cap
Associated Press - February 14, 2008 3:35 PM ET CONCORD, N.H. (AP) - The Senate has approved a cap on payday lending in New Hampshire, a move the industry says will put it out of... (Thu, 14 Feb 2008 20:37:55 GMT)

S.C. Senate debates payday lending limits
The Senate is talking about implementing strict limits on the payday lending industry. Senator Wes Hayes of Rock Hill is arguing on the Senate floor Thursday that the industry should have to use a database that would prevent loans for people who already have an outstanding loan. It would also limit the loan amount to no more than $500 or 20 percent of the person's weekly income, whichever is ... (Thu, 14 Feb 2008 23:37:18 GMT)

State Senate debates payday lending limits
COLUMBIA - The Senate is talking about implementing strict limits on the payday lending industry. (Fri, 15 Feb 2008 00:43:46 GMT)

S.C. Senate bill would limit payday loans
Payday lenders would have to check a database of borrowers before issuing a loan and could not lend more than $500 at a time under a bill being debated by the state Senate. Supporters of the bill insist they are not trying to put payday lenders out of business. The industry is essentially banned in neighboring Georgia and North Carolina. "The purpose as I see it, is to protect consumers from a ... (Fri, 15 Feb 2008 02:13:20 GMT)

Senate OK's payday loan interest rate cap
Lenders say the 36 percent cap will force them to close their doors. (Fri, 15 Feb 2008 05:18:53 GMT)

S.C. Senate considers payday lending limits
The S.C. Senate is considering limiting payday loans, in part by capping loans based on a borrower’s income. The industry is under attack in several states, but South Carolina is a crucial battlefield because it is home to the nation’s largest payday lender, Spartanburg-based Advance America. Critics have said the state’s current limits are too low and enforcement has been lax, allowing ... (Fri, 15 Feb 2008 05:20:04 GMT)

Lynch to sign payday loan cap
The New Hampshire Senate on Thursday passed, and the governor has agreed to sign into law, a bill that will essentially wipe out the state's payday loan industry. ... (Fri, 15 Feb 2008 09:18:52 GMT)

Payday lending limit bill
The Senate is considering a bill that would prohibit payday lenders from loaning more than $500 at a time. The bill also would require payday lenders to check a database of borrowers before issuing a loan. (Fri, 15 Feb 2008 12:27:21 GMT)

New Hampshire: Senate approves payday loan interest rate cap
CONCORD (AP) — The Senate has approved a cap on payday lending in New Hampshire, a move the industry says will put it out of business. The plan sets a 36 percent interest rate cap on all small loans primarily affecting payday and title loans. (Fri, 15 Feb 2008 14:36:00 GMT)

McCain 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. (Fri, 15 Feb 2008 14:57:07 GMT)

S.C. Senate Bill Would Limit Payday Loans To $500
Payday lenders would have to check a database of borrowers before issuing a loan and could not lend more than $500 at a time under a bill being debated by the state Senate. (Fri, 15 Feb 2008 15:21:10 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. (Fri, 15 Feb 2008 15:46:01 GMT)

haaretzdaily.com
Fast Cash Loans Instant cash advance loan approval. Bad credit, no credit, no problem. Choose from various lenders that want to provide you the best deal. You get the best deal because they are competing for your business. (Fri, 15 Feb 2008 16:20:52 GMT)

Payday lending adds to Cleveland foreclosure woes
At the East Side Organizing Project in Cleveland, six home owners recently went in for group foreclosure counseling. When asked if any had taken out payday loans, four hands shot up. (Fri, 15 Feb 2008 16:51:00 GMT)

Proposed legislation would limit payday loans to $500
COLUMBIA - Payday lenders would have to check a database of borrowers before issuing a loan and could not lend more than $500 at a time under a bill being debated by the state Senate. Supporters of the bill insist they are not trying to put payday lenders out of business. The industry is essentially banned in neighboring Georgia and North Carolina. (Fri, 15 Feb 2008 17:18:18 GMT)

SC Senate Debates Payday Loan Businesses
The South Carolina Senate is considering a bill that would prohibit payday lenders from loaning more than $500 at a time. The bill also would require payday lenders to check a database of borrowers before issuing a loan. (Fri, 15 Feb 2008 21:32:06 GMT)

Crimestoppers Offering Reward For Serial Robber Arrest
SEATTLE -- Multiple police agencies are asking for the public’s help identifying and locating a man they said they believe is responsible for a series of robberies at cash advance stores in Pierce County. (Sat, 16 Feb 2008 00:32:56 GMT)

Payday loan robber hits 5 times in 2 weeks
Police in Pierce County says the man, who has hit one business three times, threatens employees with a gun if they don't follow his demands. (Sat, 16 Feb 2008 00:56:55 GMT)

Armed robber strikes five Pierce Co. cash advance stores
Police are seeking the public's help in identifying a serial robber who has targeted five cash advance stores in the past two weeks - including one store that was hit three times. (Sat, 16 Feb 2008 01:05:46 GMT)

McCain Got Loan by Pledging to Seek Federal Funds
John McCain's cash-strapped campaign borrowed $1 million from a Bethesda bank two weeks before the New Hampshire primary by pledging to enter the public financing system if his bid for the presidency faltered, newly disclosed records show. (Sat, 16 Feb 2008 03:51:23 GMT)

Your Calendar - East Lake County
Find out all the events going on in your community, and plan your week’s activities with The Times. To get listed in the calendar, contact Eastlake community coordinator Marlene A. Zloza at least 10 days in advance. (Sat, 16 Feb 2008 06:29:42 GMT)

Compromise payday loan bill advances
Score a big legislative win for the "payday loan" industry. It managed to kill Friday a bill that would have forced payday lenders to divulge far more data than they want about their loans that average 521 percent interest here, and instead persuaded a committee to endorse what critics say is a tepid alternative. (Sat, 16 Feb 2008 07:27:39 GMT)

Robber returns yet again to scene of his crime
A man suspected in a string of takeover-style robberies at cash advance stores this month has struck again. (Sat, 16 Feb 2008 09:36:21 GMT)

Just two weeks and your money is banked in
WHEN the Norwest Group received an advance payment of RM10 million just 10 days after it made the claims, Aziz Bahaman was stunned. (Sun, 17 Feb 2008 00:30:48 GMT)

County grapplers win gold
FISHERSVILLE - Six Augusta County wrestlers earned their way to championships at Saturday's Region B Southern Sectionals and a host of other local grapplers did well enough to advance to next Saturday's Region B Finals at Buffalo Gap. "I'm thrilled," said Buffalo Gap coach Leonardo Lopez, who witnessed his Bison qualify nine of 10 wrestlers for next week. The Bison finished third overall with ... (Sun, 17 Feb 2008 08:10:32 GMT)

Payday loan's hook a sinker
Clara Cichosz of Littleton couldn't stop pumping coins into the slot machines. The spinning dials, the electronic bells, and the occasional clank of a jackpot had hypnotized her. (Sun, 17 Feb 2008 08:22:30 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, 17 Feb 2008 08:29:58 GMT)

Payday lending
KUSA – A group of Colorado lawmakers is set to hear testimony on a measure that would cap the allowable finance charges for payday loans at an annualized rate of 36 percent. (Sun, 17 Feb 2008 19:26:37 GMT)

Asian Bourses Advance Despite Weak Wall Street Lead
(RTTNews) - Monday, most of the stock markets in the Asia Pacific region were trading in positive territory despite the weak lead from Wall Street on Friday. Japanese stocks advanced, led by gains in oil and iron and steel issues. Exporters also gained on the back of a weaker yen. (Mon, 18 Feb 2008 04:15:51 GMT)

Monday, February 11, 2008
"Why not put a lock box in the lobby so that customers can drop their cash payments in? You can even do a drop box that is behind the counter with an opening to drop payments. ... (Mon, 18 Feb 2008 08:21:55 GMT)

Admin juggle hits UCT students
Is the University of Cape Town treating student residences like cash cows, or is it just really tricky to guess what students will do? (Mon, 18 Feb 2008 13:19:22 GMT)

Area lawmaker part of payday loan compromise
Del. M. Kirkland 'Kirk' Cox, R-66th, was part of a bipartisan group of at least 11 lawmakers that fashioned a compromise bill that the House of Delegates 91-7 overwhelmingly passed last Monday. (Mon, 18 Feb 2008 13:38:41 GMT)

Wrestlers shoot for state titles
Twelve county grapplers finished in the top four in the 1-A/2-A Mideast regional meet at Ledford High School on Friday and Saturday to advance to this weekend's state championships. (Mon, 18 Feb 2008 14:06:52 GMT)

PCGG official who uncovered questionable deal back
MANILA, Philippines -- President Gloria Macapagal-Arroyo has reappointed a commissioner of the Presidential Commission on Good Government who was sacked in 2007 reportedly for blowing the whistle on the PCGG chair’s alleged involvement in a P10.35-million illegal cash advance case, among other anomalies. (Mon, 18 Feb 2008 14:45:53 GMT)

Cash Advance Store Hit By Car
A Check Mate Cash Advance store is closed in Gaffney today after a car slammed into the building causing major damage. The crash left a huge hole in the store this morning. Gaffney city firefighters pulled the car out of the building. (Mon, 18 Feb 2008 17:21:42 GMT)

Global Swift Funding Enters Strategic Partnership With National Processing Company to Form 'Global Swift Merchant ...
Global Swift Funding , a key player in the Merchant Cash Advance industry and the premier one-stop resource for the small to middle market business owners, today announced it has entered into a strategic partnership with National Processing Company , to bring customers "Global Swift Merchant Services". (Mon, 18 Feb 2008 18:02:00 GMT)

Critics cashing in on payday loan hysteria
Critics of high-interest payday loans are asking voters to put the industry out of business this year through an initiative petition drive that aims for the November general election. (Mon, 18 Feb 2008 19:19:40 GMT)

Police: Robber Used BB Gun In Columbia Twp. Robbery
A man who police said used a BB gun to hold up a National Cash Advance in Columbia Township has been arrested. Police said the business on Highland Avenue was held up around 3:04 p.m. (Mon, 18 Feb 2008 21:18:17 GMT)

Coming Up Tuesday At The Statehouse
--The full Senate is expected to debate a bill to put new limits on payday lenders, including how much money they can lend and limiting borrowers to only one outstanding loan at a time. (Mon, 18 Feb 2008 23:06:53 GMT)

Arizona Senate panel votes to extend life of payday loan industry
PHOENIX — Insisting the industry is needed, a Senate panel voted Monday to keep the payday loan industry alive in Arizona until at least 2012. (Mon, 18 Feb 2008 23:15:26 GMT)

Comet Ridge Announces Chehalis Basin Transaction Closed (COI.AX, 00813292, 20080219)
Comet Ridge announced that the lease purchase and exchange agreement announced on 6 February 2008 between its US subsidiary, St. Helens Energy, LLC, and a consortium of US based coal seam gas exploration companies, headed up by Oklahoma based Oklaco Holding, LLC, closed on 15 February 2008 as scheduled. The transaction will advance the delineation of potentially significant coal seam gas ... (Tue, 19 Feb 2008 00:24:00 GMT)

Quick arrest in cash advance holdup
A man was arrested minutes after a robbery at a National Cash Advance store in Columbia Township on Monday. (Tue, 19 Feb 2008 00:27:10 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. (Tue, 19 Feb 2008 02:57:02 GMT)

How much can you expect from tax rebates?
After devoting a good portion of your hard-earned cash to local, state and federal taxes, when the government decides to give back some of that money always creates a stir. (Tue, 19 Feb 2008 05:20:41 GMT)

LOAN LIMITS
Key provisions of payday lending bill in the Senate include: LENDING CAPS Individuals with gross income of $2,000 or more in a two-week period can borrow no more than $500 per two-week loan. Those earning less can borrow no more than 25 percent of their gross income for the length of the loan. COOLING OFF Borrowers have to wait through at least one full business day to get another loan after ... (Tue, 19 Feb 2008 05:30:19 GMT)

Senate panel extends payday loan law until 2012
Insisting the product may be necessary, a Senate panel voted Monday to keep the payday loan industry alive in Arizona until at least 2012. (Tue, 19 Feb 2008 07:19:52 GMT)

Mirae Asset Is Shifting Cash Into Stocks, Koo Says (Update1)
Feb. 19 (Bloomberg) -- Mirae Asset Investments Co., South Korea's biggest fund manager, is taking advantage of the cheapest prices since 2006 to move cash into shares of companies that will benefit from a weaker won and closer ties to China. (Tue, 19 Feb 2008 08:12:28 GMT)

Global Swift Funding partners with National Processing Company
Global Swift Funding, a company engaged in merchant cash advance industry, has entered into a strategic partnership with National Processing Company to bring customers Global Swift Merchant Services. (Tue, 19 Feb 2008 11:25:36 GMT)

Showdown looms for payday lending bill
A campaign begun last year to limit payday loans will face a critical test todayas S.C. senators debate a compromise that has grudging support from both finance companies and consumer advocates. The bill would allow payday lenders to earn their same high fees, but reduce both the amount and number of loans to any single borrower — an effort to stop serial borrowing. Payday lenders have been ... (Tue, 19 Feb 2008 11:51:42 GMT)

Ohioans Asked to Help Prove Statistics Can Predict the Rolling Cash Lottery
Have you ever wondered if lotteries can be predicted? (Tue, 19 Feb 2008 13:00:00 GMT)

Troy police say credit card thefts may be related
Troy police believe a woman dressed completely in black who used a stolen credit card to fraudulently withdraw cash is involved in a series of three such incidents. In the most recent incident, one woman learned her credit card was fraudulently used to obtain an $1,800 cash advance. She was one of two women at Lifestyle Lift on W. Big Beaver who reported their wallets were stolen Jan. 30 from ... (Tue, 19 Feb 2008 18:10:14 GMT)

Oil Retreats on Supply View, Economy
Oil futures retreated from record levels Wednesday as investors, rethinking crude's ability to keep climbing past $100, decided to cash in some of their profits from the market's huge advance. Expectations that domestic oil supplies rose last week and... (Tue, 19 Feb 2008 20:35:36 GMT)

Virginia 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. (Tue, 19 Feb 2008 20:57:10 GMT)

Stocks end mixed amid inflation fears
Wall Street gave up a big early advance and closed mixed Tuesday after oil prices closed above $100 for the first time and stoked fears that inflation will stymie an already troubled economy. (Tue, 19 Feb 2008 23:00:33 GMT)

S.C. Senators Set Payday Loans Limits
South Carolina senators agreed Tuesday to limit payday loans to no more than $500 at a time and create a list of borrowers that businesses must check before lending money. (Tue, 19 Feb 2008 23:18:25 GMT)

Finding Safe Havens Amid Volatility
Defensive sectors are expected to hold up better or even advance when the economy weakens. Why? Because regardless of the economy, people have to eat, go to the doctor and turn on the lights. (Tue, 19 Feb 2008 23:24:29 GMT)

Senate Agrees To Payday Lending Restrictions
(AP) -- The state Senate has agreed to tougher new restrictions on payday loans, but stopped short of banning the industry in South Carolina. The restrictions include a borrower database, loan caps and a ban on multiple loans in a seven-day period. (Tue, 19 Feb 2008 23:41:08 GMT)

Senate passes compromise bill on payday lenders
The state Senate on Tuesday rejected a ban on payday lenders, but clamped down on lenders by approving a bill that limits customers to one loan at a time and implements a seven-day cooling-off period between paying off one loan and receiving another. (Wed, 20 Feb 2008 00:45:54 GMT)

New Regulations on Payday Lending
The South Carolina Senate Tuesday afternoon rejected a proposed ban on payday lending in the state, instead passing new regulations on the industry. The new restrictions include limiting borrowers to having only one outstanding loan at a time, and setting up a database to make sure that's the case. (Wed, 20 Feb 2008 03:15:39 GMT)

Payday lending in South Carolina | Senate votes to limit loans
The S.C. Senate voted Tuesday to curb payday l20080220063100 (Wed, 20 Feb 2008 05:17:06 GMT)

State Senate agrees to new payday loan rules
COLUMBIA — South Carolina senators agreed Tuesday to limit payday loans to no more than $500 at a time and create a list of borrowers that businesses must check before lending money. The tougher regulations would also double licensing fees for payday lenders, force borrowers to wait ... (Wed, 20 Feb 2008 06:31:00 GMT)

Christian states an oasis for payday lenders
A new study co-written by a U professor found that a higher number of payday lenders exist in conservative Christian states, including Utah. Payday lenders normally offer a loan in exchange for a personal check, which the lender agrees not to cash until the borrower's next payday. (Wed, 20 Feb 2008 07:53:40 GMT)

Senate approves bill regulating payday lenders
The Senate on Tuesday rejected a ban by a 23-18 vote, but clamped down on payday lenders by approving a bill that limits customers to one loan at a time, implements a seven-day cooling-off period between paying off one loan and receiving another and mandates an extended payback period. (Wed, 20 Feb 2008 08:26:27 GMT)

SECURED RATES CLOSE IN ON UNSE
Homeowners in need of a significant cash advance can now choose from secured loan deals that are even more competitive than the average unsecured loan rate, according to MoneyExpert.com. (Wed, 20 Feb 2008 14:31:18 GMT)

Oil retreats on supply view, economy
Oil futures retreated from record levels Wednesday as investors, rethinking crude's ability to keep climbing past $100, decided to cash in some of their profits from the market's huge advance. Expectations that domestic oil supplies rose last week and hints that oil's latest trip into record territory may prompt OPEC to hold production steady weighed on prices. Goldman Sachs advised investors to ... (Wed, 20 Feb 2008 15:17:43 GMT)

Stocks Close Lower Amid Inflation Fears
Wall Street gave up a big early advance after oil prices closed above $100 for the first time and stoked fears that inflation will stymie an already troubled economy. (Wed, 20 Feb 2008 16:39:06 GMT)

On the bright side of the downturn
This is a good time to be a pawnbroker. The UK, as we are often reminded, has amassed a £1,000bn "personal debt mountain". Credit is drying up and 1m people are coming off low fixed-rate mortgages. Residential repossessions are predicted to double this year and personal insolvencies to rise 20 per cent. The ability of pawnbrokers to advance cash against a shiny wristwatch or a set of sovereign ... (Wed, 20 Feb 2008 18:45:13 GMT)

Stocks Advance, Led by Techs
Investors Wednesday weighed a downbeat view of the economy from the Fed, data on inflation and housing starts, and a new record high for crude oil (Wed, 20 Feb 2008 20:07:33 GMT)

Senators agree to new limits on payday loans
COLUMBIA, S.C. - South Carolina senators agreed Tuesday to limit payday loans to no more than $500 at a time and create a list of borrowers that businesses must check before lending money. (Thu, 21 Feb 2008 06:06:52 GMT)

European Stock-Index Futures Rise; Total, Nestle May Advance
Feb. 21 (Bloomberg) -- European stock-index futures advanced, following gains in U.S. and Asian equities. Total SA and Repsol YPF SA may climb after oil reached an all-time high. (Thu, 21 Feb 2008 08:14:35 GMT)

Stocks Rise in Europe, Asia; Nestle, Qantas, Vedanta Advance
Feb. 21 (Bloomberg) -- Stocks rose in Europe and Asia after earnings from Nestle SA and Qantas Airways Ltd. and higher commodities prices bolstered optimism that a U.S. economic slowdown won't derail corporate profits and demand for raw materials. U.S. index futures were little changed. (Thu, 21 Feb 2008 08:57:09 GMT)

Stocks Rise in Europe, Asia; Nestle, Vedanta, Nintendo Advance
Feb. 21 (Bloomberg) -- Stocks gained in Europe and Asia on higher profits, rising commodities prices and growing optimism that demand from emerging markets will counter a U.S. economic slowdown. U.S. index futures were little changed. (Thu, 21 Feb 2008 09:44:16 GMT)

NetSpend(R) and Advance America Enter Agreement, Begin Successful Program
NetSpend Corporation, one of the premier providers of prepaid solutions in the United States, has entered an agreement with Advance America, Cash Advance Centers, Inc. and rolled out a successful program that makes prepaid, reloadable debit cards and gift cards available at just over 2,600 Cash Advance Centers across 35 states. (Thu, 21 Feb 2008 14:00:00 GMT)

European Stocks Advance, Led by Nestle and Shire on Earnings
Feb. 21 (Bloomberg) -- European stocks climbed for the third time this week on higher profits, rising commodities prices and growing optimism that demand from emerging markets will counter an economic slowdown in the U.S. (Thu, 21 Feb 2008 16:59:11 GMT)

S.C. Senate OKs $500 payday loans limit
Columbia, S.C. | South Carolina senators Tuesday agreed to limit payday loans to no more than $500 at a time and create a list of borrowers that businesses must check before lending money. (Fri, 22 Feb 2008 00:56:48 GMT)

Bill would aid cash-strapped communities
A Northampton County legislator hopes to soon advance a bill that could provide needed assistance for Johnstown and other cash-strapped municipalities. (Fri, 22 Feb 2008 03:51:21 GMT)

Court Says Customer Can Collect Bonds From Payday Lenders
LITTLE ROCK - For the second time in two months, Arkansas' highest court on Thursday ruled a customer can collect the surety bond from a payday lender accused of violating the state Constitution by charging more than 17 percent a year to borrow money. (Fri, 22 Feb 2008 04:35:25 GMT)

Our view on fair lending: States move to rein in usurious 'payday loans'
A Chamber of Commerce dinner isn't usually the smartest place to push strict new regulations on business. But Marian McClure, a Republican legislator in Arizona, feels so strongly about capping interest rates on "payday loans" that she gave it a try this winter. (Fri, 22 Feb 2008 05:22:00 GMT)

Marana cowgirl, Cash, her quarter horse, come back after hip injury
Marana barrel racer Teri Murphy is back in the saddle for her second year at La Fiesta de los Vaqueros, and she is rodeoing with her horse Cash for the first time since he was injured. (Fri, 22 Feb 2008 07:23:44 GMT)

Guest Shot: Appalled at Legislatures effort on payday lending
I am a payday loan officer in Manchester. I have been very active with the current bill (HB 267) that has gone through both the House and the Senate. (Fri, 22 Feb 2008 11:15:15 GMT)

VINELAND: Marching band serves up pasta for cash
VINELAND — The Vineland High School Marching Band scheduled a pasta dinner and performance to raise funds for band activities. Performances begin at 6:30 p.m. and 7:30 p.m. on March 7 in the VHS 11-12 cafeteria. (Fri, 22 Feb 2008 12:07:24 GMT)

U.S. Stocks Gain, Led by Energy Producers; Exxon, Chevron Rise
Feb. 22 (Bloomberg) -- U.S. stocks gained, paring a weekly decline, as the sixth advance in seven days for oil prices revived speculation the economy will avoid a recession. (Fri, 22 Feb 2008 14:59:36 GMT)

Ark. court says customer can collect bonds from payday lenders
For the second time in two months, Arkansas' highest court on Thursday ruled that a customer can collect the surety bond from a payday lender accused of violating the state... (Fri, 22 Feb 2008 15:30:56 GMT)

European Stocks Decline; RWE, Renault, Henderson Lead Retreat
Feb. 22 (Bloomberg) -- European stocks fell, trimming their second straight weekly advance, after RWE AG reported its first loss since 2000 and Morgan Stanley cut its profit forecast for Renault SA. (Fri, 22 Feb 2008 17:03:28 GMT)

Ark. Court Rules Against Payday Lenders
For the second time in two months, Arkansas' highest court has ruled a customer can collect the surety bond from a payday lender accused of violating the state Constitution by charging more than 17 percent a year to borrow money. (Fri, 22 Feb 2008 17:32:46 GMT)

Payday lending bill gets preliminary OK in Colorado House
A bill that targets the payday lending industry got preliminary approval from the Colorado House of Representatives on Friday after an intense, mostly party-line debate. (Fri, 22 Feb 2008 20:21:40 GMT)

Questions of Cash: Confusion down at Bradford & Bingley
Q. I applied online to Bradford & Bingley on 6 January for a one-year eSaver investment account at 6.80 per cent fixed interest, as advertised. I received a confirmation number and account number, and was told I should make my initial deposit within 30 days. On 15 January I received a reminder in which I was told to make the deposit by 18 January. Then the next day I received an email to say ... (Sat, 23 Feb 2008 00:36:45 GMT)

McDaniel Says Rulings Could Spur Suits Against Payday Lenders
LITTLE ROCK - Attorney General Dustin McDaniel said Friday a pair of court decisions targeting payday lenders clears the way for his office to possibly sue payday lending firms charging more than 17 percent interest to its customers. (Sat, 23 Feb 2008 04:51:06 GMT)

Knights, Rockets each advance six to semis
ERIE — Franklin High School’s wrestling team advanced six matmen into the semifinals Friday in the District 10 Class AAA Championships at McDowell Intermediate High School. (Sat, 23 Feb 2008 05:33:09 GMT)

Bill calls for more scrutiny in the payday-loan industry
Payday lenders would be required to make annual reports to state regulators under a bill intended to make sure the industry is not taking advantage of borrowers. (Sat, 23 Feb 2008 08:41:32 GMT)

Low-income earners get boost from government
Read this column if you need cash, or clip it and pass it along. Post it where folks work part-time, or will work for part of the year, and do not earn much money. (Sat, 23 Feb 2008 09:45:58 GMT)

Two armed suspects rob Advance America
Clarksville Police continue to search for two suspects in the armed robbery of Advance America Cash Advance at 2804 Wilma Rudolph Blvd. (Sat, 23 Feb 2008 11:03:36 GMT)

Cash for pubs to offer loo breaks
Pubs and restaurants are being urged to open their toilets to non-customers in return for £600 a year. (Sat, 23 Feb 2008 13:51:46 GMT)

Adult, three juveniles charged in connection with three robberies
Three juveniles and one Oak Grove woman were arrested early this morning in connection with last night's robbery of Advance America Cash Advance as well as two other robberies this month, according to Clarksville Police Department spokeswoman Sgt. Cheryl Anderson. (Sat, 23 Feb 2008 19:33:13 GMT)

Credit unions are increasingly getting into the so-called payday lending business, offering the shorter-term, ...
Credit unions are increasingly getting into the so-called payday lending business, offering the shorter-term, higher-interest loans in an effort to beef up membership. (Sat, 23 Feb 2008 21:16:28 GMT)

Legislators seek to curtail 'payday lending' practices
The industry argues that the proposed legislation to limit interest rates would effectively put it out of business. (Sat, 23 Feb 2008 21:32:09 GMT)

Joey de Venecia to bare more about Palace's cash advances
CAGAYAN DE ORO CITY, Philippines--Jose "Joey" de Venecia III, the first to blow the whistle on the bribes and overpricing in the National Broadband Network-ZTE deal, has promised to bare more details of the cash advances received by former Commission on Election chairman Benjamin Abalos Sr. from the ZTE in the Senate hearing on Tuesday. (Sun, 24 Feb 2008 08:16:42 GMT)

Plainview boys fall in OT to Morris, but still advance
[ WASHINGTON, Okla. Plainview rallied from behind to send the game into overtime, but several fouls called against the Indians in the extra period set up a 75-68 loss to Morris in the championship game of the Class 3A regional tournament Saturday night at the Larry J. McAlister Fieldhouse. (Sun, 24 Feb 2008 10:10:54 GMT)

Four arrested, charged with Friday robbery
Due to information from a witness in the area, one Oak Grove woman and three 17-year-old boys were arrested Saturday in connection with the Friday evening robbery of Advance America Cash Advance and two previous robberies, according to police. (Sun, 24 Feb 2008 11:04:47 GMT)

PCGG chief in hot water over P10-M ‘cash advance’
Infighting in the Presidential Commission on Good Government (PCGG) seems to be brewing as an official of the body hurled accusations of irregularity involving a cash advance made by the chairman of the commission from a sequestered company. (Sun, 24 Feb 2008 14:21:07 GMT)

Electronic Arts Proposes to Acquire Take-Two Interactive Software for $26 Per Share in Cash, or Approximately $2.0 ...
Electronic Arts Inc. ("EA") (NASDAQ: ERTS) today announced that it has proposed to acquire Take-Two Interactive Software, Inc. ("Take-Two") (NASDAQ: TTWO) in an all-cash merger valued at approximately $2.0 billion. (Sun, 24 Feb 2008 19:23:45 GMT)

Take-Two Interactive Software's Board Rejects Electronic Arts' Unsolicited Proposal as Inadequate
The Board of Directors of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) today confirmed that it has received an unsolicited proposal from Electronic Arts Inc. (NASDAQ:ERTS) to acquire Take-Two for $26.00 per share in cash. Take-Two’s ... (Sun, 24 Feb 2008 21:36:58 GMT)

ANC reveals it did pay back Oilgate cash
The African National Congress has for the first time publicly acknowledged that it has repaid a controversial R11-million donation in full from empowerment company Imvume Management and that its finances have been in the black for the last two years. (Sun, 24 Feb 2008 23:25:43 GMT)

Advance Energy Announces Hedging Program 2008 (AVD.AX, 00815579, 20080225)
Advance Energy announced today its initial 2008 risk management activities. Hedged production volumes are currently 15,000 MMbtu of natural gas per month (approximately 500 MMbtu per day). The company has hedged these volumes for twelve months beginning March 1, 2008 using costless collar contracts with a Henry Hub floor price of $7.75 per MMbtu and a ceiling of $10.50 per MMbtu. The risk ... (Mon, 25 Feb 2008 03:22:00 GMT)

Crackdown targets check-cashing stores
BALDWIN PARK - Officials are joining a handful of San Gabriel Valley cities in trying to curb check-cashing and payday loan businesses. (Mon, 25 Feb 2008 05:46:11 GMT)

Payday lenders might be reined in
COLUMBIA — Borrowers could have only one payday loan at a time worth $500 or less under state legislation aimed at tightening restrictions on an industry some say traps clients in a cycle of debt. (Mon, 25 Feb 2008 05:53:04 GMT)

[Opinion] Payday nightmare
Across the nation, more attention is being focused on so-called payday lenders. These lending companies offer short-term loans to individuals who might not qualify for traditional borrowing. As the economy continues to worsen, states are ... (Mon, 25 Feb 2008 08:30:29 GMT)

U.K., Irish Stocks Advance, Led by Royal Bank, Aer Lingus
Feb. 25 (Bloomberg) -- U.K. stocks rose, led by Royal Bank of Scotland Group Plc and Alliance & Leicester Plc following reports in the Sunday Telegraph of mergers and acquisitions in the country's banking industry. (Mon, 25 Feb 2008 09:26:39 GMT)

Four Rockets advance on to Regionals in Altoona
MILLCREEK - As is often the case when the postseason hits, teams and athletes experience the emotional roller-coaster that is in the nature of competitive sports. (Mon, 25 Feb 2008 09:33:05 GMT)

OTB: STRAPPED FOR CASH, RACING TOWARD RUIN
STATEN ISLAND, N.Y. -- Although state officials and New York City Off-Track Betting Corp. began meeting almost immediately after the wagering franchise voted last week to close in June because of cash problems, a legal dogfight could be in the making. (Mon, 25 Feb 2008 13:38:27 GMT)

U.S. stocks lose ground after initial advance
U.S. stocks open with slight gains, only to quickly lapse into negative territory as enthusiasm wanes over a possible bailout for bond insurer Ambac Financial Group Inc. (Mon, 25 Feb 2008 14:53:00 GMT)

MARKET SNAPSHOT: U.S. Stocks Lose Ground After Initial Advance
U.S. stocks opened with slight gains on Monday, only to quickly lapse into negative territory as enthusiasm waned over a possible bailout for bond insurer Ambac Financial Group Inc. (Mon, 25 Feb 2008 14:56:45 GMT)

State Lawmakers Take On Payday Loan Companies
State lawmakers in Colorado want to crack down on the fast growing payday loan industry. The state Legislature will consider a bill this week that would cap the interest rate stores can charge. (Mon, 25 Feb 2008 15:03:27 GMT)

U.S. Stocks Advance, Led by Energy, Drug Shares; Banks Fall
Feb. 25 (Bloomberg) -- U.S. stocks rose, buoyed by energy and pharmaceutical companies, after natural gas climbed to a two-year high and regulators approved new products for heart disease and breast cancer. (Mon, 25 Feb 2008 16:59:32 GMT)

Compromise lending bill passes Senate
A compromise bill to collect data on the "payday loan" industry was given final approval by the Senate Monday, 28-0-1. (Mon, 25 Feb 2008 20:38:34 GMT)

House approves payday lending restrictions
The Colorado House on Monday narrowly approved a bill to limit how much payday lenders could charge borrowers for small, short-term loans. (Mon, 25 Feb 2008 20:51:10 GMT)

Global Cash Access Names Chief Financial Officer
LAS VEGAS----Global Cash Access, Inc. , the gaming industry's leading provider of cash access services, has named George W. Gresham, 41, Executive Vice President and Chief Financial Officer. (Mon, 25 Feb 2008 21:30:00 GMT)

Global Cash Access Names Chief Financial Officer
Global Cash Access, Inc. (GCA), the gaming industry´s leading provider of cash access services, (Mon, 25 Feb 2008 21:43:02 GMT)

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