Cash Advance News Mar 2008

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Police Looking For Man Who Robbed Cash Advance Store
Workers at a cash advance store say they were robbed by a man with a gun. (Mon, 24 Mar 2008 12:40:51 GMT)

Cash America Expects First Quarter Earnings Will Top Estimates
FORT WORTH, Texas----Cash America International, Inc. announced today that it expects earnings for the first quarter ended March 31, 2008 will exceed the Company's previously released guidance and be higher than security analysts' published estimates. (Mon, 24 Mar 2008 13:37:00 GMT)

Cash America Expects First Quarter Earnings Will Top Estimates
Cash America International, Inc. (NYSE: CSH) announced today that it expects earnings for the first (Mon, 24 Mar 2008 13:43:15 GMT)

Cash America Expects First Quarter Earnings Will Top Estimates
Cash America International, Inc. (NYSE: CSH) announced today that it expects earnings for the first quarter ended March 31, 2008 will exceed the Company's previously released guidance and be higher than security analysts' published estimates. Greater revenue growth and lower than expected loan losses on its cash advance loan product are now forecasted to generate earnings above the guidance ... (Mon, 24 Mar 2008 13:52:43 GMT)

Cash America Expects First Quarter Earnings Will Top Estimates
24/03/2008 13:37:00 Business Wire Cash America International, Inc. (NYSE: CSH) announced today that it expects earnings for the first quarter ended March 31, 2008 will exceed the Company s previously released guidance and be higher than security analysts published estimates. (Mon, 24 Mar 2008 14:00:35 GMT)

Into the economic abyss
For months, Americans have been subjected to a sort of economic water torture — a maddening drip of bad news about jobs, gas prices, sagging home values, creeping inflation, the slouching dollar and a stock market in bumpy descent. (Mon, 24 Mar 2008 14:01:33 GMT)

Aircastle cuts dividends to advance in market
Aircastle Ltd. curtailed its quarterly dividend by more than 64 percent to retain additional capital that can be used to increase its liquidity position and make investments. (Mon, 24 Mar 2008 14:33:20 GMT)

Cash America raises profit outlook
Cash America International Inc., a pawn shop operator and payday lender, said its first-quarter earnings will be higher than previously expected due to better revenue growth and lower-than-expected loan losses. (CSH) (Mon, 24 Mar 2008 15:12:55 GMT)

Cash America President Sells Shares
The president and chief executive of pawnshop operator Cash America International Inc. sold 17,200 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing. (Mon, 24 Mar 2008 16:23:50 GMT)

Sector Snap: Oil & Gas Producers Advance
Shares of independent oil and natural gas producers followed the broader market higher Monday as crude futures wavered between gains and losses. (Mon, 24 Mar 2008 16:47:34 GMT)

Death penalty sought in Waukegan payday loan store slaying
Wisconsin man faces 3 counts of first-degree murder The death penalty will be sought for a Wisconsin man accused of killing a clerk at a Waukegan payday loan store last year, Lake County prosecutors said in court Monday. (Mon, 24 Mar 2008 17:08:29 GMT)

Sailor got loan from lobbyist before key vote
Twenty-five days before voting for a controversial payday lending bill last year, then-state Rep. Ron Sailor Jr. accepted tens of thousands of dollars from a lobbyist pushing the bill. Sailor, who resigned last week after admitting to money laundering, received at least $80,000 in February 2007 from a company controlled by retired Denver Broncos football player Willie A. Green. Green, a ... (Tue, 25 Mar 2008 01:41:07 GMT)

Prosecutors seek death penalty for man arrested in Wisconsin
Associated Press - March 24, 2008 10:45 PM ET WAUKEGAN, Ill. (AP) - Prosecutors in Lake County say they're seeking the death penalty in the killing of a suburban Chicago cash advance store... (Tue, 25 Mar 2008 02:52:45 GMT)

Prosecutors seek death penalty in case of store clerk death
Prosecutors in Lake County say they're seeking the death penalty in the killing of a suburban Chicago cash advance store clerk last year. (Tue, 25 Mar 2008 03:54:26 GMT)

Alcester bank dips into payday loans
The State Bank of Alcester wants to give people an alternative to so-called payday loans. The bank is one of 30 nationwide in a pilot program that seeks more comfortable options for lenders and customers in the small-dollar loan market. "Our goal is to identify small-dollar loan programs that are profitable for lenders and affordable alternatives to payday loans and other high-cost loans that ... (Tue, 25 Mar 2008 07:00:53 GMT)

Suspect arrested for fake ID at casino
COARSEGOLD - A man on parole tried to get a cash advance on a credit card not his own at Chukchansi Gold Resort Casino. He is being held for forgery and theft charges. (Tue, 25 Mar 2008 07:02:31 GMT)

Lake County prosecutors seek Ddeath penalty in payday loan store slaying
WAUKEGAN, Ill. (AP) - Prosecutors in Lake County are seeking the death penalty for a Wisconsin man accused of killing a clerk at a Waukegan payday loan store last year. (Tue, 25 Mar 2008 07:24:46 GMT)

Lake County prosecutors seek death penalty in loan store slaying
WAUKEGAN, Ill. (AP) - Prosecutors in Lake County, Illinois, are seeking the death penalty for a Wisconsin man accused of killing a clerk at a Waukegan payday loan store last year. (Tue, 25 Mar 2008 11:26:10 GMT)

U.S. Stock-Index Futures Advance; Yahoo, Qualcomm Shares Rise
March 25 (Bloomberg) -- U.S. stock-index futures climbed after a rebound in metal prices boosted mining companies and analysts advised buying shares of Yahoo! Inc. and Qualcomm Inc. (Tue, 25 Mar 2008 12:59:32 GMT)

Lake County prosecutors seek death penalty in loan store slaying
WAUKEGAN, Ill. (AP) - Lake County prosecutors are seeking the death penalty for a Wisconsin man accused of killing a clerk at a Waukegan payday loan store last year. (Tue, 25 Mar 2008 13:17:10 GMT)

Bandits cut through roof to rob Truro loan store
Thieves made off with about $9,000 in cash after cutting through the roof of a payday loan store in Truro. (Tue, 25 Mar 2008 13:43:45 GMT)

Payday Lenders Getting Stiff-Armed
Arkansas's attorney general tells payday lenders to get out and stay out. (Tue, 25 Mar 2008 14:37:25 GMT)

Global Swift Funding Announces Launch of New and Improved Website
Global Swift Funding , a key player in the Merchant Cash Advance industry and a premier one-stop resource for small to middle market business owners, announced today the launch of its new website, http://www.globalswiftfunding.com. (Tue, 25 Mar 2008 19:58:00 GMT)

Payday loan bill gets first Senate OK
The Senate gave initial approval today to a bill tightening regulations on payday loans despite Republican objections that it was "economic paternalism. (Tue, 25 Mar 2008 20:46:34 GMT)

Ethics panel looks into Sailor's loan from lobbyist
The state Ethics Commission has opened an investigation into why a lobbyist for the payday loan industry last year gave then Rep. Ron Sailor, a payday loan supporter, $80,000 for a land deal less than a month before a key vote on a controversial payday lending bill. "We're looking into the matter," said Rick Thompson, the commission's executive secretary. The Atlanta Journal-Constitution first ... (Tue, 25 Mar 2008 21:12:45 GMT)

Australian, N.Z. Dollars Advance as Rate Advantage May Widen
March 26 (Bloomberg) -- The Australian and New Zealand dollars rose for a third day as speculation the nations' interest-rate advantage over the U.S. will widen boosted the appeal of their higher-yielding fixed-income assets. (Wed, 26 Mar 2008 00:41:25 GMT)

Changes may kill payday loan bill
DENVER - The Senate changed a bill that would regulate the payday loan industry Tuesday, and now its House sponsor may ask his colleagues to scuttle the controversial measure. (Wed, 26 Mar 2008 02:38:49 GMT)

Australian, N.Z. Dollars Advance as Rate Advantage May Widen
March 26 (Bloomberg) -- The Australian and New Zealand dollars rose for a third day on speculation the nations' interest-rate advantage over the U.S. will widen. (Wed, 26 Mar 2008 03:11:05 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. (Wed, 26 Mar 2008 11:35:48 GMT)

Advance America Amends Credit Agreement
Advance America, Cash Advance Centers Inc., a provider of cash-advance services, said Wednesday it amends its revolving line of credit terms to slightly increase the maximum loan size, extend the term and provides an option to expand the line. (Wed, 26 Mar 2008 12:36:49 GMT)

Down day on Wall Street
Stocks tumbled Wednesday as weak economic news, spiking commodity prices and a bearish analyst note on investment firm earnings gave investors a reason to bail after the recent advance. (Wed, 26 Mar 2008 13:39:05 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 April 23, 2008, to shareholders of record on April 9, 2008. (Wed, 26 Mar 2008 18:00:00 GMT)

Mallory criticizes payday lending
One week after a study revealed a 14-fold increase in the number of payday lenders in Ohio since 1996, mayors of six of the state's largest cities, including Cincinnati Mayor Mark Mallory, are speaking out in favor of reforming the industry, according to a release from the Ohio Coalition For Responsible Lending. (Wed, 26 Mar 2008 19:43:20 GMT)

Crackdown On Payday Loans
A bill before the Colorado Legislature would cap the interest rate payday lending businesses can charge. (Wed, 26 Mar 2008 22:55:17 GMT)

Tobacco cash in lung study stirs flap
The disclosure of hidden tobacco money behind a big study suggesting that lung scans might help save smokers from cancer has shocked the research community and raised fresh concern about industry influence in important science. Two medical journals that published studies by Weill Cornell Medical College researchers in 2006 are looking into tobacco cash and other financial ties that weren't ... (Wed, 26 Mar 2008 23:01:53 GMT)

Recent rulings crush cash advance stores in Arkansas
FORT SMITH - The Arkansas Supreme Court and attorney general's office have turned the tables on cash advance lenders. Recent rulings determined that they were charging customers huge amounts of interest; in some cases several hundred percent. (Wed, 26 Mar 2008 23:55:16 GMT)

Payday loans
By Arielle Berlin Posted: Wednesday, March 26, 2008 at 9:53 p.m. TOLEDO, OH -- Mayors from six different cities in Ohio have joined together to crack down on payday lending. They're supporting a cap on the rates charged by these payday loan companies. (Thu, 27 Mar 2008 01:55:49 GMT)

Police looking for cash advance store robber
Authorities are looking for a man who robbed a cash advance store with a weapon then made a quick getaway Wednesday night. (Thu, 27 Mar 2008 03:05:38 GMT)

Officials warn of lottery scam :Authentic-looking letter asks winner for check in advance.
SOUTH BEND -- The letter appears innocent enough, telling you that you have won a large sum of money in a sweepstakes lottery and that you have yet to receive your funds. (Thu, 27 Mar 2008 11:10:13 GMT)

Six Ohio mayors call for limits on payday lending
Six of Ohio's big-city mayors have pledged support of a crackdown on payday lending practices, citing an explosion in the growth of payday stores when families are facing mounting economic challenges. The mayors of Columbus, Cincinnati, Cleveland, Youngstown, Akron and Dayton support a cap on lending rates charged by payday lenders. A bill before the Ohio Legislature supported by the Ohio ... (Thu, 27 Mar 2008 11:34:18 GMT)

Mayors endorse cap on payday lending rates
COLUMBUS - Six of Ohio's big-city mayors have pledged support of a crackdown on payday lending practices, citing an explosion in the growth of payday stores when families are facing mounting economic challenges. (Thu, 27 Mar 2008 12:14:49 GMT)

Armed Man Robs Cash Advance Store
Broward Sheriff's Office deputies are searching for a man who robbed a North Lauderdale cash advance store Wednesday night. (Thu, 27 Mar 2008 12:41:59 GMT)

U.S. Stocks Fall on Profit Concern; Oracle, Merrill Decline
March 27 (Bloomberg) -- U.S. stocks fell for a second day, erasing an earlier advance, as concern profit growth will slow at financial and technology companies overshadowed a bigger- than-forecast gain in consumer spending. (Thu, 27 Mar 2008 15:44:32 GMT)

Cash America CEO Sells Shares
The president and chief executive of pawnshop chain Cash America International Inc. sold 12,500 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing Wednesday. (Thu, 27 Mar 2008 18:20:24 GMT)

US Retail Meat: Buyers Cautious About Advance Bookings
KANSAS CITY (Dow Jones)--A month ago, retail grocers were planning for extra grilling specials after the Easter holiday. April looked rosy, and bookings for beef, pork loins and chicken were good. (Thu, 27 Mar 2008 20:51:47 GMT)

Senate sends payday loan bill to committee
The Senate has sent a bill meant to better regulate Kentucky's payday loan industry to its budget committee, a move supporters fear could kill it. (Fri, 28 Mar 2008 10:04:51 GMT)

U.S. Stock-Index Futures Advance; Lehman Increases on Upgrade
March 28 (Bloomberg) -- U.S. stock-index futures rose after Citigroup Inc. recommended buying shares in Lehman Brothers Holdings Inc . and Accenture Ltd. reported earnings that beat analysts' estimates. (Fri, 28 Mar 2008 11:55:14 GMT)

U.S. Stock-Index Futures Advance; Lehman Increases on Upgrade
March 28 (Bloomberg) -- U.S. stock-index futures rose after Citigroup Inc. said Lehman Brothers Holdings Inc . has enough cash to run its business and Accenture Ltd. reported earnings that beat analysts' estimates. (Fri, 28 Mar 2008 12:55:24 GMT)

US Cash Hogs Pre-Open: Mostly Steady; A Few Locations Higher
KANSAS CITY (Dow Jones)--Cash hog prices across the Midwest Friday are called mostly steady with a few locations seen higher to attract additional loads for Saturday or next week. (Fri, 28 Mar 2008 13:09:51 GMT)

U.S. Stock-Index Futures Advance; Lehman Increases on Upgrade
March 28 (Bloomberg) -- U.S. stock futures gained after Citigroup Inc. said Lehman Brothers Holdings Inc . has enough cash to run its business and the Federal Reserve's preferred measure of inflation rose at the slowest pace since June. (Fri, 28 Mar 2008 13:10:14 GMT)

U.S. Stocks Gain; Apple, Lehman Advance, J.C. Penney Slumps
March 28 (Bloomberg) -- U.S. stocks gained for a third time this week after analysts said Apple Inc. may earn more than previously expected and Lehman Brothers Holdings Inc. has enough cash to fund its business. (Fri, 28 Mar 2008 14:10:14 GMT)

County nursing home loan receives OK
URBANA – The Champaign County Board voted to lend the county nursing home $775,000 Thursday night, then spent more than an hour fighting over an ordinance change necessary to fund the loan. The Democratic caucus came out charging against problems with the nursing home – hit with a $600,000 Medicaid cut and higher nursing costs – that would require the county, financially strapped in its own ... (Fri, 28 Mar 2008 19:28:20 GMT)

Housing Market vs. Instant Loans
Get cash now, pay in advance, turn your check into cash. You've seen them all before, or maybe even gotten a loan. Lately, with the housing market declining, places like these are getting a bad name. (Fri, 28 Mar 2008 23:18:20 GMT)

Heat turns up on payday loans
CLEVELAND -- There's more heat on the payday loan business. (Fri, 28 Mar 2008 23:44:58 GMT)

TL Area payday lenders remain open despite order to shut down
Payday lenders in the Twin Lakes Area remain open, despite an Arkansas Attorney General's order to close earlier this month. (Sat, 29 Mar 2008 10:04:31 GMT)

Saturday March 29, 2008 - 11:30 EST
You never know how short a month is until those casino ATM cash-advance machine statements start coming in. Las Vegas really lives up to its reputation for being a unique city. (Sat, 29 Mar 2008 16:33:52 GMT)

Cash Riding on Stadium Sponsor
Naming rights to new ballpark could bring in $8-12M annually for the Nats for 10 to 12 years. (Sat, 29 Mar 2008 22:02:24 GMT)

NEW: Credit unions may enter short-term loan business
Local credit unions may offer a new option for those needing short-term loans, said a local legislator this week. (Sun, 30 Mar 2008 05:55:04 GMT)

Enforcing payday law will be the tough part
A state commission and a database will monitor if lenders are following the new rules. After Gov. Timothy M. Kaine signs a bill putting a series of complicated new restrictions on the payday lending industry in Virginia, the tough work of enforcement begins. (Sun, 30 Mar 2008 08:36:36 GMT)

Low-income families look forward to influx of cash from tax refunds
The infusion of money allows families to catch up on bills, take vacations or pay for things they couldn't afford otherwise. (Sun, 30 Mar 2008 11:45:36 GMT)

Florissant reluctantly approves title loan operations
A representative for a firm that offers "consumer installment loans" says it has permission to open three Florissant offices. (Mon, 31 Mar 2008 05:45:30 GMT)

Credit unions may enter short-term loan business
Local credit unions may offer a new option for those needing short-term loans, said a local legislator this week. (Mon, 31 Mar 2008 05:54:54 GMT)

More News
Sorry, no items are currently available. NEW YORK - Trying to accrue and cash in on frequent-flier miles can push you to do irrational things, like pay premium prices for everyday items and buy more expensive plane tickets just to rack up points. (Mon, 31 Mar 2008 07:52:38 GMT)

Cash America Reviews Potential Changes in Florida Product Offering
FORT WORTH, Texas----Cash America International, Inc. announced today that it learned last week that a recommended order was issued through a Florida administrative proceeding involving the Florida Office of Financial Regulation and a competitor of the Company. (Mon, 31 Mar 2008 11:30:00 GMT)

Cash America May Change Florida Product
Cash America International Inc. said Monday it may be forced to change its cash advance product in Florida but any move would not reduce anticipated earnings in 2008. (Mon, 31 Mar 2008 12:26:01 GMT)

Reverse Mortgages Made Simple
As Americans turn a cautious eye toward the economy, many consumers age 62 or older find themselves "house-rich and cash-poor" -- they have plenty of equity in their homes, but they're living on fixed or limited incomes. (Mon, 31 Mar 2008 14:20:00 GMT)

Outlook Roundup: Cash America, KHD
Among the earnings projection stories for Monday, March 31, from AP Financial News: FORT WORTH, Texas -- Cash America International Inc. said Monday it may be forced to change its cash advance product in Florida but any move would not reduce anticipated earnings in 2008. (Mon, 31 Mar 2008 14:45:50 GMT)

Sparton Resources Inc.: SBD Gold Project, Nevada; Advance Royalty Payment Made in Shares
Sparton Resources Inc.(the 'Company') reported today that pursuant to the Amending Agreement with Vendors Crescent Valley Minerals Inc., Aquarian Mining Exploration Inc. and William Fyvie Holdings Ltd., regarding the original assignment agreement for the lease of the SBD claims in the Battle Mountain area of Nevada, the Company has elected to pay the 2008 (Mon, 31 Mar 2008 16:55:00 GMT)

Sparton Resources Inc.: SBD Gold Project, Nevada; Advance Royalty Payment Made in Shares
TORONTO, ONTARIO-- - Sparton Resources Inc. reported today that pursuant to the Amending Agreement with Vendors Crescent Valley Minerals Inc., Aquarian Mining Exploration Inc. and William Fyvie Holdings Ltd. , regarding the original assignment agreement for the lease of the SBD claims in the Battle Mountain area of Nevada, the Company has elected to pay the 2008 Advance Royalty Payment of ... (Mon, 31 Mar 2008 16:55:06 GMT)

Cash America may change Florida cash advance service
Payday lender Cash America International Inc. said it may change a cash advance product in Florida due to an administrative review of a similar product by a competitor. (CSH) (Mon, 31 Mar 2008 18:51:14 GMT)

Ontario cracks down on payday loans, caps how much lenders can charge
TORONTO - The Liberal government is cracking down on payday loan companies by limiting how much they can charge customers. Government Services Minister Ted McMeekin says that cap will be set by an independent advisory board in the coming months. (Mon, 31 Mar 2008 19:43:51 GMT)

Ontario cracks down on payday loans, caps how much lenders can charge
The Liberal government is cracking down on payday loan companies by limiting how much they can charge customers. (Mon, 31 Mar 2008 20:09:40 GMT)

Ontario to cap payday loan fees
The Ontario government plans to limit the fees that companies can charge for "payday loans." (Mon, 31 Mar 2008 20:14:13 GMT)

Ontario to cap payday loan fees
The Ontario government plans to limit the fees that companies can charge for "payday loans." (Mon, 31 Mar 2008 20:20:09 GMT)

Ontario says it will protect vulnerable by cracking down on payday loans
TORONTO - Ontario is cracking down on payday loan companies in an effort to protect the province's "most economically vulnerable," but those in the industry suggest the Liberal government is misreading exactly who uses their services. (Mon, 31 Mar 2008 21:11:00 GMT)

Rentcash Announces Completion of Spin-out of Insta-Rent Inc. and Rentcash Changes Name to The Cash Store Financial ...
Rentcash Inc. announced today the completion of its previously announced "spin-out" of Insta-Rent Inc. . (Mon, 31 Mar 2008 22:05:00 GMT)

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