Cash Advance News Dec 2008

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Staten Island commune founder sues former and current members
Advance file photoJeffrey Gross has sued the New Brighton commune Ganas and 14 current and former members, alleging they booted him out last year and won't give him his fair share of the group's assets. The Ganas commune was formed... (Mon, 01 Dec 2008 03:11:39 GMT)

City Moves to Require Landlords to Obtain Business Licenses
If you are in the business of renting a housing unit to someone in Columbia, prepare to go into business officially. City Council is considering an ordinance that would require anyone who owns rental property in the city to pay $11 per year for a business license. (Mon, 01 Dec 2008 03:51:03 GMT)

Hong Kong Stocks Advance for Fifth Day; Sun Hung Kai Rises
Dec. 1 (Bloomberg) -- Hong Kong stocks rose for the fifth straight day, led by Sun Hung Kai Properties Ltd. after the Sing Tao Daily reported the company sold nearly 300 units in a new apartment project and may raise prices. (Mon, 01 Dec 2008 04:50:00 GMT)

Hong Kong Stocks Advance for Fifth Day; Developers Lead Gains
Dec. 1 (Bloomberg) -- Hong Kong stocks rose for the fifth straight day, led by developers, after Sun Hung Kai Properties Ltd. sold more than 500 apartments this weekend, and the city’s existing home sales increased. (Mon, 01 Dec 2008 05:39:36 GMT)

Cash advance firms provide businesses options
To keep the beer flowing, Dave Ulmer turned to an unconventional yet fast-growing way to raise working capital. (Mon, 01 Dec 2008 05:47:37 GMT)

Payday lending foes hopeful
By Amos Bridges (Mon, 01 Dec 2008 09:12:38 GMT)

Montgomery would restrict payday lenders
City and county officials in Montgomery face a problem trying to limit the spread of payday lenders along the Interstate 65 corridor. Such a move requires action by the Alabama... (Mon, 01 Dec 2008 12:09:48 GMT)

Despite tighter law, payday loan amounts do not change
For the first time since payday lenders began making loans to Colorado residents, the amount of money residents borrowed remained virtually unchanged, according to a report crediting a new state law with at least some of the change. (Mon, 01 Dec 2008 12:10:48 GMT)

Presented By:
(Mon, 01 Dec 2008 13:08:26 GMT)

Disaboom Crosses One Million Unique Visitor Threshold, Realizing 100% Monthly Growth
Disaboom (OTCBB:DSBO)( www.disaboom.com ), the premier online community for people with disabilities, today announced that it achieved one of its key benchmarks – a million unique visitors per month – months in advance of its own projections. (Mon, 01 Dec 2008 14:25:41 GMT)

US Cash Cattle Pre-Open: Traders Debate Showlist Size
KANSAS CITY (Dow Jones)--There is debate among cattle market analysts and brokers Monday morning about whether the number of cattle being offered for sale this week will be larger or smaller than last week. (Mon, 01 Dec 2008 14:54:22 GMT)

Around Your Town
Around Your Town serves to inform readers of nonprofit events happening in our communities that are open to the public. Please send items to svhnews@transedge.com. Please try to submit your item two weeks in advance of the event. (Mon, 01 Dec 2008 15:08:44 GMT)

U.S. Stocks Drop, Ending 5-Day Rally; GE, JPMorgan Shares Fall
Dec. 1 (Bloomberg) -- U.S. stocks declined, halting a five- day advance, on growing concern the global economic slump is deepening and consumers’ access to credit is shrinking. (Mon, 01 Dec 2008 16:35:00 GMT)

Tech Watch: Why Is Movie Rental Still So Damn Difficult?
While other technologies advance, renting a movie seems more confusing and expensive than ever. (Mon, 01 Dec 2008 18:02:43 GMT)

U.S. Stocks Drop, Ending 5-Day Rally; GE, JPMorgan Shares Fall
Dec. 1 (Bloomberg) -- U.S. stocks slid, halting a five-day advance, on growing concern the global economic slump is deepening and consumers’ access to credit is shrinking. (Mon, 01 Dec 2008 20:37:25 GMT)

Bill would cap payday loan rates
Rep.-elect Mary Still wants to cap the interest rate payday loan companies can charge in Missouri. (Mon, 01 Dec 2008 20:45:38 GMT)

Top Scoops
Dec. 1 – The New Zealand fell, snapping a four-day advance, as further signs of weaker world growth stoked speculation the central bank will cut the official cash rate by as much as 150 basis points this week. (Mon, 01 Dec 2008 21:03:30 GMT)

Columbia state reps pre-file legislation
Lawmakers want early voting, no robo-calls and payday loan reform. (Mon, 01 Dec 2008 22:08:31 GMT)

Man to serve 33 years for two payday loan robberies
SUFFOLK Cory T. Hill, of Smithfield, was sentenced to 33 years in prison Monday for robbing two Advance America payday loan businesses in Suffolk, one in December 2007 and another early this year. (Tue, 02 Dec 2008 02:13:26 GMT)

Business Digest
New rules give consumers way to opt out of 'robo calls' Federal Trade Commission rules took effect Monday saying telemarketing calls that are recorded in advance - also known as robo calls - from businesses or charities must include ways for recipients to opt... (Tue, 02 Dec 2008 04:58:28 GMT)

Lobbyists Increase Efforts To Blunt Payday Ordinance
Over the past couple of weeks, Shelby County Board of Commissioners member Mike Carpenter has met privately with at least six representatives of two h.... (Tue, 02 Dec 2008 06:11:28 GMT)

Dollar Wise: Seniors cash in on discounts
Like most retired couples, Ed and Sally Pendergast have seen their nest egg shrink this year, but they're fighting back by taking advantage of senior discounts offered by grocers, restaurants, retailers and other businesses. (Tue, 02 Dec 2008 06:14:50 GMT)

Michigan tries to slow foreclosures
Gov. Jennifer Granholm and lawmakers are working on a flurry of bills to ease the holiday squeeze on cash-strapped homeowners. (Tue, 02 Dec 2008 06:23:11 GMT)

A Good Rummage Sale Brings in Extra Cash
(ARA) - As the dog days of summer pass and cooler weather begins to settle in, you may begin to notice a lot of unwanted items around your house. (Tue, 02 Dec 2008 07:40:45 GMT)

Payday loans require reform
A conversation about something as specific and concrete as payday lending can quickly turn philosophical, and political. (Tue, 02 Dec 2008 09:17:28 GMT)

U.K.’s FTSE 100 Index Gains; Tesco, RBS and Vedanta Advance
Dec. 2 (Bloomberg) -- The U.K.’s FTSE 100 Index advanced, led by Tesco Plc after Britain’s biggest supermarket company reported third-quarter sales growth that beat analysts’ estimates. (Tue, 02 Dec 2008 12:15:30 GMT)

Indian Bonds Advance as Oil Below $50 Eases Inflation Concern
Benchmark notes climbed for a fourth day after crude oil in New York slumped 9.5 percent yesterday, the most since Oct. 10, to trade below $50 a barrel on signs the global economic slump will cut demand. (Tue, 02 Dec 2008 12:40:54 GMT)

FACTBOX-How Russian authorities are dealing with crisis
MOSCOW, Dec 2 (Reuters) - Russia has pledged over $200 billion from budget funds and its oil wealth cash pile to help cushion the economy from a sharp slowdown and to kick-start its financial markets. (Tue, 02 Dec 2008 15:04:36 GMT)

Tech Stocks Advance As Broader Market Rise
Tech Stocks Advance As Broader Market Rise (Tue, 02 Dec 2008 15:12:29 GMT)

Global Payments Announces Agreements with Four U.S. Casinos for VIP LightSpeed(R) Cash Access Services
Global Payments Inc. , a leader in both payment processing and gaming cash access services, today announced agreements to provide its VIP LightSpeed® suite of cash access products and services to Emerald Princess in Brunswick, Georgia; Spirit Mountain Casino in Grande Ronde, Oregon; Jackpot Junction Casino in Morton, Minnesota; and Eastside Cannery in Las Vegas, Nevada. (Tue, 02 Dec 2008 20:01:00 GMT)

U.S. Stocks Advance, Rebounding From Worst Drop Since October
Dec. 2 (Bloomberg) -- U.S. stocks rose, rebounding from the market’s worst tumble since October, after General Electric Co. announced plans to maintain its dividend and the Federal Reserve extended terms of three emergency loan programs. (Tue, 02 Dec 2008 20:05:00 GMT)

Lawmakers seek to cap rates on payday loans
Several state lawmakers today urged Iowans to steer clear of payday loans, which are cash advances with annual interest rates as high as 400 percent. (Tue, 02 Dec 2008 20:17:19 GMT)

Fresno council votes against regulation of loan industry
Fresno officials plan to study how the payday loan industry affects low-income residents, but attempts to increase local and state regulation of the lenders were unsuccessful Tuesday. (Tue, 02 Dec 2008 20:31:24 GMT)

Wall Street wavers after big previous-session drop
Investors returned cautiously to the stock market Tuesday, wary about the downtrodden economy while trying to recoup some of the ground in the previous session's enormous decline. The major indexes fluctuated in late afternoon trading after giving up a big early advance. (Tue, 02 Dec 2008 20:45:39 GMT)

Masked bandit holds up Chandler payday loan store
A man in a white mask with a black handgun held up a clerk at a payday loan store in Chandler early Monday, authorities said. (Tue, 02 Dec 2008 21:14:19 GMT)

Federal agents arrest former Dothan resident on robbery charge
Federal agents arrested a former Dothan resident who was wanted in the armed robbery of a Dothan cash advance store. (Tue, 02 Dec 2008 21:30:47 GMT)

U.S. Stocks Advance, Rebounding From Worst Drop Since October
Dec. 2 (Bloomberg) -- U.S. stocks rallied, rebounding from the market’s worst tumble since October, after General Electric Co. announced plans to maintain its dividend and the Federal Reserve extended terms of three emergency loan programs. (Tue, 02 Dec 2008 22:04:50 GMT)

Can Bush Cash In Once He's Out?
The U.S. president's unpopularity will likely hamper his chances for making big money anytime soon. (Wed, 03 Dec 2008 00:15:11 GMT)

Council Approves Restrictions on Payday Lenders
Memphis City Council members put tough new restrictions on payday and title loan lenders Tuesday. The ordinance was a compromise between the lenders and the city, and hopes to prevent new lending storefronts from saturating poor neighborhoods. (Wed, 03 Dec 2008 03:20:33 GMT)

Zoning Ordinance Imposed on Payday Lenders
Memphis City Council voted for new restrictions on pay day and title loan lenders Tuesday. The ordinance was a compromise between the lenders and the city. (Wed, 03 Dec 2008 03:51:16 GMT)

Loan businesses win concessions
The Memphis City Council approved a new law Tuesday that limits where payday and title loan businesses can locate in the city. (Wed, 03 Dec 2008 06:14:44 GMT)

Advance Loan Launches Its New Online Direct Cash Advance Loans Service
AdvanceLoan.Net now lets customers apply quickly online, with no faxing or references needed, and they can receive their cash advance in as little as 1 hour. (Wed, 03 Dec 2008 07:01:00 GMT)

Earn last-minute holiday cash
It's not too late to make some extra cash for the holidays. You might find opportunities in surprising places. (Wed, 03 Dec 2008 07:47:57 GMT)

Leaders warn of payday loans
Two local legislators are joining their colleagues from across the state in urging Iowans to avoid payday loan businesses. (Wed, 03 Dec 2008 09:39:07 GMT)

Lawmakers warn Iowans of ’rip-off’ payday loans
Streams of customers slipped quietly into payday loan stores throughout Des Moines Tuesday, even as several state lawmakers called such loans "a rip-off" and urged Iowans to steer clear of them. (Wed, 03 Dec 2008 10:19:09 GMT)

RIM to Offer CAD $1.50 Per Share in Cash for Certicom
WATERLOO, ONTARIO-- - Research In Motion Limited announced today its intention to make an offer to acquire all of the issued and outstanding shares of Certicom Corp. at a price of CAD $1.50 cash per Certicom Share. (Wed, 03 Dec 2008 13:00:58 GMT)

Hillenbrand, Inc. Issues Guidance for Fiscal Year 2009 in Advance of Analyst/Investor Conference
Hillenbrand, Inc. -- Hillenbrand, Inc. has issued fiscal year 2009 guidance in advance of its Analyst/Investor Conference taking place today in New York City. Kenneth A. Camp, Hillenbrand's president and chief executive officer, will host the conference and also provide details regarding the company's 2009-2011 growth strategy. (Wed, 03 Dec 2008 13:30:00 GMT)

RIM to offer C$65.6 million to buy Certicom
BlackBerry maker Research In Motion said on Wednesday it plans to offer C$1.50 a share in cash to buy encryption software company Certicom Corp in a deal worth about C$66 million ($52 million). (Wed, 03 Dec 2008 13:44:25 GMT)

RIM to make C$66 million takeover bid for Certicom
BlackBerry maker Research In Motion said on Wednesday it plans to make a direct takeover offer to Certicom Corp shareholders of C$1.50 a share in cash because it has been unable to advance talks with the encryption software firm's management. (Wed, 03 Dec 2008 15:09:00 GMT)

Cash-Strapped Shoppers Need Expert Advice This Holiday Shopping Season
After years of advising luxury brands and marketers in strategies to get the shopper to spend more through her company Unity Marketing, consumer-insights expert Pam Danziger offers shopping tips for cash-strapped consumers this holiday season. Her credentials as a shopping authority include her latest book, entitled Shopping: Why We Love It and How Retailers Can Create the Ultimate Customer ... (Wed, 03 Dec 2008 16:45:00 GMT)

Lexington Co. check cashing business robbed
Authorities say at approximately 10:20am Wednesday morning, a man entered the Express Cash Advance at 603 Columbia Avenue and demanded money from an employee. (Wed, 03 Dec 2008 20:29:32 GMT)

(AFX UK Focus) 2008-12-03 23:48 UPDATE 3-RIM to make C$66 mln takeover bid for Certicom
OTTAWA, Dec 3 (Reuters) - BlackBerry maker Research In Motion said on Wednesday it plans to make a direct takeover offer to Certicom Corp shareholders of C$1.50 a share in cash because it has been unable to advance talks with the encryption software firm's management. The offer, which comes after RIM cut its third-quarter profit and revenue outlook, represents a 76.5 percent premium over the ... (Thu, 04 Dec 2008 00:00:53 GMT)

State lawmakers target payday loan rates
Exorbitant interest rates on short term payday loans harm vulnerable consumers and should be made illegal, said two Iowa state senators who stopped in Davenport Wednesday to propose legislation to cap interest rates. (Thu, 04 Dec 2008 03:01:12 GMT)

Robbery forces two schools into lockdown
A man robbed an Express Cash Advance on Columbia Avenue on Wednesday, forcing a temporary lockdown at two area schools, a Lexington police news release said. No one was injured in the 10:20 a.m. incident, the release said. The man is described as black, between 5 feet 7 inches and 5 feet 10 inches tall, 130 and 150 pounds, wearing a long-sleeve white shirt, jeans and white tennis shoes, the ... (Thu, 04 Dec 2008 05:15:34 GMT)

Home Owners Who Pay Their 1st Mortgage with a Line of Credit Can Now Save Big on Daily Interest & Cash Advance Fees ...
If you are one of the thousands of homeowners who uses software to pay off your mortgage quicker together with an line of credit, you can now save more immediate and long term finance charges by using www.mysavvysite.com to pay any mortgage with an credit card. Savvy Bill Pay caters to this unique savvy market that knows how to keep the most possible money working on your line to save ... (Thu, 04 Dec 2008 08:00:58 GMT)

Europe Stocks, U.S. Futures, Bonds Advance; Pound, Euro Drop
Dec. 4 (Bloomberg) -- European stocks , U.S. index futures and government bonds advanced, while the pound and the euro fell as investors speculated central banks will keep cutting interest rates to revive economic growth. (Thu, 04 Dec 2008 11:51:22 GMT)

India Rupee Gains as Global Funds to Cut Sales on Stock Advance
Dec. 4 (Bloomberg) -- India’s rupee rose for a third day, its best run in almost a month, on speculation gains in stocks will encourage global funds to trim sales of local assets. (Thu, 04 Dec 2008 12:25:55 GMT)

European Shares Pare Advance, U.S. Stock-Index Futures Decline
Dec. 4 (Bloomberg) -- European stocks pared their gains and U.S. index futures declined after the Bank of England said money and credit market conditions were extremely difficult after cutting its benchmark rate by 1 percentage point. (Thu, 04 Dec 2008 12:35:00 GMT)

Indian call rates end flat on surplus cash
(Updates to close) (Thu, 04 Dec 2008 12:43:41 GMT)

European Stocks Advance as BOE Cuts Rates; S&P 500 Futures Drop
Dec. 4 (Bloomberg) -- European stocks climbed after the Bank of England cut its benchmark interest rate to the lowest level since 1951 and investors speculated the European Central Bank will reduce its target rate by the most in its 10-year history. (Thu, 04 Dec 2008 12:52:44 GMT)

Oz Minerals still tight for cash, even after refinancing
OZ MINERALS's problems could extend beyond the refinancing of $1 billion of debt. (Thu, 04 Dec 2008 13:07:03 GMT)

Oz Minerals still tight for cash, even after refinancing
OZ MINERALS's problems could extend beyond the refinancing of $1 billion of debt. (Thu, 04 Dec 2008 13:11:55 GMT)

Man with 'shaggy' hair robs payday loan store
FORT WALTON BEACH — Investigators are looking for a man with "shaggy" light blonde hair who robbed a payday loan store at gunpoint Wednesday afternoon. (Thu, 04 Dec 2008 15:55:00 GMT)

Payday Loan Problem: Financial 'Quick Fix' Leads to Personal Bankruptcy
Some 10 million Americas borrow money through payday loans each year, and payday lenders now have more storefronts than McDonald's and Starbucks combined. New research by Vanderbilt Law School Assistant Professor Paige Marta Skiba found payday loan applicants who received the quick cash after their first application were significantly more likely to file for Chapter 13 bankruptcy than those ... (Thu, 04 Dec 2008 18:29:33 GMT)

GM CEO Wagoner optimistic after Senate hearing
General Motors Corp. Chairman and CEO Rick Wagoner emerged Thursday from a six-hour hearing before the Senate Banking Committee optimistic that a deal can be reached in Congress to help his company survive a critical cash shortage. (Thu, 04 Dec 2008 23:59:01 GMT)

Q&A with General Motors CEO Rick Wagoner
After a six-hour hearing before the Senate Banking Committee, General Motors Corp. Chairman and CEO Rick Wagoner sat down for a short interview with The Associated Press and expressed optimism that a deal can be reached to help his company through its cash shortage. (Fri, 05 Dec 2008 01:14:07 GMT)

Understanding but no consensus on auto bailout
There is broad understanding of distress but no consensus yet in Congress to rescue U.S. automakers as industry chiefs hope on Friday to advance their case in a second appearance before lawmakers in two days. (Fri, 05 Dec 2008 02:40:33 GMT)

Tega Cay needs $400,000 loan to pay the bills until next payday
TEGA CAY -- Bad timing, a few budget oversights and a tough economy combined to leave the city short on cash as the year draws to a close. (Fri, 05 Dec 2008 04:56:24 GMT)

Payday Loan Vote Foreshadows Next Step
This week’s vote by the Memphis City Council regulating the location of payday lenders, check-cashing and title loan businesses in the city generated .... (Fri, 05 Dec 2008 06:16:53 GMT)

Cash in king
In recent weeks some huge organisations have crashed to the ground. No doubt out of the glare of publicity, many smaller ones have too. The cause? A lack of confidence -- but, underlying that, a mismatch of cash obligations to cash in hand. Cash is the life-blood of any business - small or large, growing or declining, start-up or mature. (Fri, 05 Dec 2008 10:39:53 GMT)

Indian call rates end nearly flat on surplus cash
(Updates to close) (Fri, 05 Dec 2008 13:02:34 GMT)

Nine Christmas Actitivies For Cash-Strapped Parents
With the credit crunch biting we’re all short of cash – but that doesn’t mean the kids have to suffer. Find out how they can attend Christmas workshops, make gifts like chocolate truffles and bath bombs, and even visit Father Christmas and receive a present, for free! (Fri, 05 Dec 2008 13:19:26 GMT)

Gamma Sigma Phi, Sub T-16 claim cash prizes in ticket contest
After hours of number crunching and double- checking, the final results are in for the student organization football ticket contest. The winner of the $1,000 prize for the organization with more than 50 members that purchased the highest percentage of tickets is Gamma Sigma Phi. (Fri, 05 Dec 2008 16:59:34 GMT)

Hartford Financial raises guidance; shares jump
Hartford Financial Services Group Inc. on Friday raised its profit expectations and reaffirmed the strength of its capital position, sending shares of the insurance company almost 60 percent higher. In advance of an investor meeting in New York, Hartford... (Fri, 05 Dec 2008 17:22:12 GMT)

Erie Introduces Emergency Cash Cards
Erie Insurance will offer pre-paid emergency cash cards to its policyholders that have experienced a property loss. (Fri, 05 Dec 2008 17:31:27 GMT)

US Cash Grain Review: Prices Exceed 1- To 2-Year Lows
CENTRAL CITY, Neb. (Dow Jones)--U.S. cash grain markets continued to crumble this week, ending at their lowest levels in more than one to two years, following a free fall that has seen prices plummet by 55% to 75% in the space of 100 to 200 trading days. (Fri, 05 Dec 2008 21:46:56 GMT)

The Cash Store Financial Services Inc. announces class action lawsuit settlement
The Cash Store Financial Services Inc. , formerly Rentcash Inc., announced today that it has received court approval of the settlement of a class action lawsuit commenced in Ontario in 2004 concerning brokerage fees and interest charged to customers of The Cash Store and Instaloans. (Fri, 05 Dec 2008 23:32:00 GMT)

Report: Payday loans create bankruptcy danger
Payday loan customers who are approved on their first application are more likely to file for bankruptcy than those whose initial applications are denied, according to a study out of Vanderbilt Law School. (Sat, 06 Dec 2008 00:28:42 GMT)

Obama campaign mulls what to do with $30M surplus
Democrats carrying significant campaign debt after winning a string of House and Senate races are grumbling about President-elect Barack Obama's financial reserves, saying the party's leader is sitting on a pile of cash while Democratic leaders are broke. (Sat, 06 Dec 2008 02:07:12 GMT)

Good and bad ways to get quick cash
By Cindy V. Culp (Sat, 06 Dec 2008 05:31:40 GMT)

Circuit City Shrinks In Bid to Save Cash
Circuit City is shutting down 155 U.S. stores and laying off 17 percent of its workforce as sales continue to slump along with a sharp slowdown in consumer spending, the company said yesterday. (Sat, 06 Dec 2008 09:07:57 GMT)

Showdown Begins Over Lifeline to Automakers
The Bush administration signaled yesterday that it would reject a proposal by congressional Democrats to immediately advance $25 billion in government loans to ailing Detroit automakers. (Sat, 06 Dec 2008 09:12:15 GMT)

Dems in Debt Eye Obama Surplus
Campaign debt left some Democrats broke — but they say the president-elect's organization is sitting on pile of cash • Reports Show Palin Shopping Continued After Furor (Sat, 06 Dec 2008 10:09:28 GMT)

Lawmakers warn against payday loans
WATERLOO --- With the season for giving comes the season of borrowing. Lawmakers and area credit counselors warn people not to get overextended and into debt for the holidays. One way people can get into financial trouble fast is with payday loans, they cautioned. (Sat, 06 Dec 2008 12:30:50 GMT)

Payday loan company receives approval to settle class-action lawsuit
EDMONTON - An Edmonton-based financial company has received court approval to settle a class action lawsuit over its allegedly excessive charges for payday loans. (Sat, 06 Dec 2008 18:09:00 GMT)

Armed robbery at Advance Til Payday in North Augusta
The Aiken County Sheriff’s Office is investigating an armed robbery at Advance til Payday on the 300 block of Edgefield Road in North Augusta. (Sat, 06 Dec 2008 23:25:47 GMT)

Jasper County commissioners advance erosion-prevention project
CARTHAGE, Mo. — Jasper County will seek federal help on a project to prevent further stream-bank erosion at County Road 40, south of Avilla. Commissioners last week agreed to seek state approval of a project that would stabilize the stream bank at a bridge over White Oak Creek. (Sun, 07 Dec 2008 05:00:23 GMT)

Money worries
GREENVILLE - This past spring, Shirley Grigsby was out of a job and receiving unemployment benefits. She took out her first payday loan to pay a bill. (Sun, 07 Dec 2008 05:53:47 GMT)

Sources: Chávez government handed out millions in exchange for votes
Venezuela's government distributed electronic appliances, food and cash totaling tens of millions of dollars in an effort to secure the loyalty of voters in poor sections in advance of recent elections, according to evidence and testimony obtained by El Nuevo Herald. (Sun, 07 Dec 2008 08:28:27 GMT)

Be cautious when using payday loan stores
The television ads sounded so enticing to Martha Ward, who at 18, found herself strapped for cash. (Sun, 07 Dec 2008 10:19:32 GMT)

Bulldogs chomp Warriors, advance to semifinals
Sports Editor Through 11 weeks of play, Amite had not lost a single football game entering the Class 3A state quarterfinals. In fact, the Warriors hadnâ€t even been challenged, defeating their opponents by an average of 26.1 points per game. (Sun, 07 Dec 2008 10:55:59 GMT)

Woman arrested in alleged cash-for-sex party that included her minor daughter
A 39-year-old Detroit woman was arrested this morning after allegedly hosting a cash-for-sex party that involved two minors — one of whom was her daughter — and 19 prostitutes. (Sun, 07 Dec 2008 20:08:11 GMT)

Obama campaign weighs $30 million surplus
WASHINGTON — Democrats carrying significant campaign debt after winning a string of House and Senate races are grumbling about President-elect Barack Obama's financial reserves, saying the party's leader is sitting on a pile of cash while Democratic leaders are broke. (Mon, 08 Dec 2008 01:02:54 GMT)

Chavez accused of paying for votes
Venezuela's government distributed electronic appliances, food and cash totaling tens of millions of dollars in an effort to secure the loyalty of voters in poor sections in advance of recent elections, according to evidence and testimony obtained by El Nuevo Herald. (Mon, 08 Dec 2008 03:25:23 GMT)

Around your town
Around Your Town serves to inform readers of nonprofit events happening in our communities that are open to the public. Please send items to svhnews@transedge.com. Please try to submit your item two weeks in advance of the event. (Mon, 08 Dec 2008 04:35:47 GMT)

Yuan Forwards Rise After China Pledges Stability; Bonds Advance
Dec. 8 (Bloomberg) -- Yuan forwards rose for a second day as traders scaled back bets on declines in the Chinese currency after Assistant Finance Minister Zhu Guangyao said last week China will keep the yuan stable. Government bonds gained. (Mon, 08 Dec 2008 05:08:24 GMT)

Yuan Forwards Rise After China Pledges Stability; Bonds Advance
Dec. 8 (Bloomberg) -- Yuan forwards rose for a second day as traders scaled back bets on the currency’s declines after China’s Assistant Finance Minister Zhu Guangyao pledged to keep the currency stable. Government bonds advanced. (Mon, 08 Dec 2008 10:51:37 GMT)

Indian rate swaps up on fresh borrowing concerns
MUMBAI, Dec 8 (Reuters) - Indian overnight indexed swap rates rose on Monday on concerns additional borrowings announced by the government will drain funds and tighten cash conditions in the system, dealers said. (Mon, 08 Dec 2008 12:06:27 GMT)

Gas prices -- then and now
The lowest cash gas price on Staten Island this morning can be found at the Sprit Gas station on Amboy Road and the Sunoco Gas Station at 4244 Hylan Boulevard in Great Kills. Those stations have a listed price of... (Mon, 08 Dec 2008 14:42:31 GMT)

Woman suspected of Fresno robbery try with toy gun
A 28-year-old woman was arrested Sunday on suspicion of trying to rob a payday-loan store with a plastic toy gun. (Mon, 08 Dec 2008 15:01:41 GMT)

Forest City suspends quarterly dividend
The developer says it's making the move to conserve cash amid the global credit crunch. (Mon, 08 Dec 2008 15:03:19 GMT)

Payday loans offered with 10000 per cent interest rate
Loans which charge interest rates of almost 10000 per cent are being offered to customers in the run up to Christmas research shows. (Mon, 08 Dec 2008 20:55:47 GMT)

Forest City suspends quarterly dividend
The developer says it's making the move to conserve cash amid the global credit crunch. (Mon, 08 Dec 2008 21:18:30 GMT)

Meralco: No money for refund now
Citing severe lack of cash, power distributor Manila Electric Co. (Meralco) is urging the Energy Regulatory Commission (ERC) to allow it to defer the P3.9-billion refund to its customers until February. (Mon, 08 Dec 2008 22:25:02 GMT)

More Families Move to Lock In Tuition Rates
As the stock market swoons and tuition costs soar, more families are deciding to pay for college in advance through their 529 plans. (Tue, 09 Dec 2008 03:49:46 GMT)

Further limits proposed on payday, title loan sites
The Shelby County Commission on Monday changed a proposed law that limits where payday and title loan businesses can be built in the county, specifying that these establishments cannot be within a quarter mile of residential districts. (Tue, 09 Dec 2008 06:12:28 GMT)

European Stocks, U.S. Futures Advance; PPR, Retailers Climb
Dec. 9 (Bloomberg) -- European stocks advanced for a second day as retailers rallied and investor confidence in Germany unexpectedly improved. U.S. index futures and Asian shares rose. (Tue, 09 Dec 2008 11:05:48 GMT)

European Stocks, U.S. Futures Advance; PPR, Retailers Climb
Dec. 9 (Bloomberg) -- Stocks in Europe and Asia rose, extending a global rally, as optimism that stimulus plans will boost the economy lifted retailers and automakers, while German investor confidence improved. U.S. index futures advanced. (Tue, 09 Dec 2008 13:03:12 GMT)

Stocks in Europe, Asia Advance; PPR, Daimler, China Cosco Gain
Dec. 9 (Bloomberg) -- Stocks in Europe and Asia rose, extending a global rally, as optimism that stimulus plans will boost the economy lifted retailers and automakers, while German investor confidence improved. U.S. futures were little changed. (Tue, 09 Dec 2008 13:34:43 GMT)

Payday loan company receives approval to settle class-action lawsuit
An Edmonton-based financial company has received court approval to settle a class action lawsuit over its allegedly excessive charges for payday loans. (Tue, 09 Dec 2008 13:51:19 GMT)

Most Stocks in Europe, Asian Shares Advance; U.S. Futures Drop
Dec. 9 (Bloomberg) -- Most stocks in Europe and Asian shares rose, extending a global rally, as optimism that stimulus plans will boost the economy lifted retailers and automakers, while German investor confidence improved. U.S. index futures fell. (Tue, 09 Dec 2008 14:19:38 GMT)

NewsWatch: London shares advance in choppy session
London shares advance on Tuesday for a second session, with miners and oil producers performing well. (Tue, 09 Dec 2008 14:21:46 GMT)

Province pressed for cash (comment on this story)
The board of directors of St. Joseph's Health Centre has asked the Ministry of Health and Long-Term Care for an advance of $4 million in [...] (Tue, 09 Dec 2008 15:04:37 GMT)

Buy now, suffer later: how banks cash in on credit-card battlers
CONSUMERS are racking up more than $1 billion in cash advances on their credit cards in a single month, marking a 14 per cent increase on the same time last year. (Tue, 09 Dec 2008 15:27:58 GMT)

Robber strikes clerk at loan shop, escapes
A man with a gun and a heavy build struck a clerk at Quik Cash payday loans, 5210 E. Fourth Plain Blvd., on Monday night and escaped with some cash. (Tue, 09 Dec 2008 17:44:09 GMT)

Payday loan holiday pitfalls cited
WATERLOO --- For many, the season of giving becomes the season of borrowing. (Tue, 09 Dec 2008 18:08:47 GMT)

Vancouver payday loan outlet robbed at gunpoint
VANCOUVER, Wash. -- A payday loan franchise in Vancouver was robbed at gunpoint Monday evening and the suspect remained at large. (Tue, 09 Dec 2008 19:12:34 GMT)

Earn last-minute holiday cash
It's not too late to make some extra cash for the holidays. You might find opportunities in surprising places. (Tue, 09 Dec 2008 19:55:20 GMT)

AISD Offers Cash to Students (2:08pm)
Abilene ISD will be handing out $34,000 in checks to high school students Friday. Anyone who scored a 3 or above on an Advance Placement exam will receive $100 per test. The highest score is 5. (Tue, 09 Dec 2008 20:33:27 GMT)

Delta Air Adds Cash on Card Accord, Cuts Merger Costs (Update2)
Dec. 9 (Bloomberg) -- Delta Air Lines Inc. , the world’s biggest carrier, signed a credit-card accord that boosts cash by $1.05 billion and said it cut $100 million from the cost of meshing operations with newly acquired Northwest Airlines. (Tue, 09 Dec 2008 21:15:51 GMT)

Delta Air Adds Cash on Card Accord, Cuts Merger Costs (Update3)
Dec. 9 (Bloomberg) -- Delta Air Lines Inc. , the world’s biggest carrier, signed a credit-card agreement that boosts cash by $1.05 billion and said it cut $100 million from the cost of meshing operations with newly acquired Northwest Airlines. (Tue, 09 Dec 2008 21:46:23 GMT)

Asian Stocks Gain for Fourth Day; BHP, Mitsui O.S.K Advance
Dec. 10 (Bloomberg) -- Asian stocks rose for a fourth day as optimism that stimulus plans will boost the global economy lifted commodity producers and automakers, while Australian consumer confidence gained for a second month. (Wed, 10 Dec 2008 04:22:28 GMT)

Newest Form of Predatory Lending Strikes
Predatory lending practices are no longer the domain of payday loan shops. While payday lenders have attracted the most attention from consumer activists, another insidious lending practice has crawled out from the basement to prey upon those least able to pay for high interest loans. (Wed, 10 Dec 2008 05:03:18 GMT)

Voting, payday loan bills prefiled
State lawmakers will soon butt heads on whether to make it easier or more difficult for voters to cast ballots. They also will resume debate on limiting or even outlawing payday lending and on hiking taxes on cigarettes. Tuesday brought the first peek at 116 prefiled House bills for the session that begins Jan. 13. This is year one in a two-year cycle in which the legislative slate is wiped ... (Wed, 10 Dec 2008 05:07:57 GMT)

Voting, payday loan bills prefiled
S.C. House members propose wide range of bills State lawmakers will soon butt heads on whether to make it easier or more difficult for voters to cast ballots. They also will resume debate on limiting or even outlawing payday lending and on hiking taxes on cigarettes. Tuesday brought the first peek at 116 prefiled House bills for the session that begins Jan. 13. This is year one in a two-year ... (Wed, 10 Dec 2008 05:15:29 GMT)

Ford execs say company differs from US competition
By shunning government loans, Ford Motor Co.'s top executives say they hope to buff up the automaker's image and set it apart from its cash-starved Detroit competitors, General Motors Corp. and Chrysler LLC. GM and Chrysler are in desperate need of government... (Wed, 10 Dec 2008 05:37:36 GMT)

Asian Stocks, U.S. Futures Advance on Auto Bailout Agreement
Dec. 10 (Bloomberg) -- Asian stocks advanced for a fourth day and U.S. index futures gained on speculation a bailout of American automakers and government stimulus plans will revive global economic growth. (Wed, 10 Dec 2008 07:04:08 GMT)

Delta signs credit-card agreement to boost cash
Delta Air Lines Inc., the world's biggest carrier, signed a credit-card agreement that boosts cash by $1.05 billion and said it cut $100 million from the cost of meshing operations with newly acquired Northwest Airlines. (Wed, 10 Dec 2008 07:14:41 GMT)

Earn last-minute holiday cash
It's not too late to make some extra cash for the holidays. You might find opportunities in surprising places. (Wed, 10 Dec 2008 07:40:10 GMT)

Gov. on dash for cash before law kicks in
Gov. Blagojevich was on a mad dash for $2.5 million in campaign cash in advance of a new state law that will stop him from taking political donations from state contractors as of Jan. 1, federal prosecutors alleged Tuesday. (Wed, 10 Dec 2008 10:11:33 GMT)

Payday loan holiday pitfalls cited
WATERLOO --- For many, the season of giving becomes the season of borrowing. (Wed, 10 Dec 2008 10:23:37 GMT)

European Stocks to Advance Next Year, Merrill Says (Update1)
Dec. 10 (Bloomberg) -- European stocks may be poised for a year-end rally and will likely climb 9.1 percent through 2009, according to Merrill Lynch & Co. The advance would help investors recoup only about one-tenth of their 2008 losses. (Wed, 10 Dec 2008 12:51:14 GMT)

ACE Aviation cleared to dissolve
Air Canada parent gets advance tax ruling clearing way to distribute subsidiary's shares and cash; move could avert showdown with West Face (Wed, 10 Dec 2008 14:58:41 GMT)

ING offers $100m cash payout deal
ING New Zealand investors in two frozen funds will receive a $100 million cash payout if they vote to have the funds wound up over years. (Wed, 10 Dec 2008 16:11:02 GMT)

(AFX UK Focus) 2008-12-10 21:39 US Cash Crude - Sweet up, sour down on storage talk
HOUSTON, Dec 10 (Reuters) - Most sweet grades rose and sours fell on the U.S. cash crude market Wednesday amid talk of companies storing sweet crude for later sale. (Wed, 10 Dec 2008 21:44:08 GMT)

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