Cash Advance News Jun 2009

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Friendlier Than Foreclosures
Ed Fay uses a softer approach to collect bad mortgages. (Fri, 26 Jun 2009 01:07:11 GMT)

Congress should protect all from payday loans
Congress is finally attempting to do for the general public what it did three years ago for military members — protect them from predatory payday lending. (Fri, 26 Jun 2009 07:08:10 GMT)

European Shares Advance In Early Trading
European Shares Advance In Early Trading (Fri, 26 Jun 2009 07:53:44 GMT)

India call rates end near rev repo, cash ample
(Updates to close) (Fri, 26 Jun 2009 12:42:19 GMT)

Palm Shares Advance After Company Spends Less Cash (Update1)
June 26 (Bloomberg) -- Palm Inc. , maker of the new Pre phone, rose as much as 12 percent in Nasdaq trading after reporting a smaller loss than analysts had estimated and spending less cash. (Fri, 26 Jun 2009 14:03:10 GMT)

Companies advance in Clean Tech Open
Three Portland companies have reached the semi-final stage of the first ever Pacific Northwest Clean Tech Open competition. (Fri, 26 Jun 2009 18:02:25 GMT)

2 pm: Niles police search for robber
NILES -- Police are searching for a gunman who dressed in a woman's wig and floral sundress before robbing employees at Advance America Friday. According to police, the thin, light-skinned black man entered the Youngstown Warren Road store about 1 p.m. and pulled a black pistol on the employees. He took the cash from one register and fled outside. (Fri, 26 Jun 2009 18:16:45 GMT)

US Cash Grain Review: Soybeans Avert Broad Price Downdraft
SUPERIOR, Neb. (Dow Jones)--Farmgate soybean prices managed to eke out a 1% gain this week, even though all other U.S. cash grains tumbled 4% to 5% to hit their lowest levels in recent weeks. (Fri, 26 Jun 2009 20:19:11 GMT)

Business Burglaries Up
Columbia police are on the look out for suspects breaking into local businesses one by one. Over the past few weeks we've noticed a lot of cash advance stores being broken in to and when we questioned police about it they told us they've been noticing the same thing. (Sat, 27 Jun 2009 02:40:02 GMT)

Niles cash advance business robbed
Tribune Chronicle NILES - A gunman who wore a wig and a woman's floral sundress robbed employees at a cash advance business Friday. Friday night, police still were searching for the man who entered the Youngstown Warren Road Advance America about 1 p.m. The gunman entered the store and pulled a black pistol on the employees, police said. He took the cash from one register and fled outsid. (Sat, 27 Jun 2009 05:01:55 GMT)

European Bonds Advance as German Inflation Rate Stays at Zero
June 27 (Bloomberg) -- European bonds posted a weekly gain, boosted by a report yesterday showing German inflation at zero that fanned speculation policy makers will keep interest rates at record lows to revive the 16-nation economy. (Sat, 27 Jun 2009 08:52:02 GMT)

‘Get P24M fee back’
THE Commission on Audit (COA) told the Cebu City Government to recoup P24.46 million in cash advances granted to contractors, which included P20.175 million released to WT Construction for the aborted read more (Sat, 27 Jun 2009 15:57:47 GMT)

Critics: Telcos' agreement puts mobile rates among world's highest
New Zealand's two largest telcos are facing accusations that a pricing agreement between them is a "cash cow" that hikes costs to consumers. The deal covers mobile termination rates (MTRs), the fees phone companies charge rivals to use their networks. (Sat, 27 Jun 2009 16:20:40 GMT)

Schwarzenegger's high-stakes strategy could close the budget abyss--or cause the meltdown of state government.
The governor sees the crisis as a chance to 'reform the system' with proposals he has been unable to advance in the past. Gov. Arnold Schwarzenegger, seeking to conquer what could be the last budget crisis of his tenure, is engaged in a high-stakes negotiating strategy with lawmakers that could force him to preside over a meltdown of state government. (Sun, 28 Jun 2009 01:07:36 GMT)

Snyder’s return gives K-State fans hope of moving forward
T OPEKA | Bill Snyder stood alone for the moment, his thin body slightly rocking, his purple tie matching the colors worn by the hundreds of people surrounding him, his expression blank. It was impossible not to stare. (Sun, 28 Jun 2009 03:17:31 GMT)

Court fees, fines set to increase across Florida
BRADENTON — Citizens are going to shell out a lot more money at the Manatee County courthouse starting Wednesday, but the funds generated by the fee increases will not benefit a cash-strapped Manatee clerk of court’s office. (Sun, 28 Jun 2009 04:16:51 GMT)

Outdoors calendar
Submit items one week in advance for the Outdoors Calendar, a weekly listing of hiking, mountain biking, paddling, running and other activities in Western North Carolina. (Sun, 28 Jun 2009 04:48:21 GMT)

Firefighters team up to raise cash for MDA
Two firefighter unions are teaming up Tuesday to raise money for the Muscular Dystrophy Association. (Sun, 28 Jun 2009 13:22:08 GMT)

Stock Market: Window dressing may push up share prices
SHARE PRICES are expected to continue rising this week as a result of month-end window dressing, although some investors might cash in gains as the third quarter, normally considered a lean period, makes its entry. (Sun, 28 Jun 2009 15:08:45 GMT)

Morning Box Score: Fire Doused In SuperLiga Play
AP Photo/Jim Prisching In the final match of the first round of SuperLiga 2009 play, the Fire fell to Tigres UANL 2-1 on Saturday night. The Fire finished the first round at 2-1-0 overall but didn't clinch an advance to the semifinals (thanks to goal differential) until Blanco got a PK late in the 2nd half . Tigres got goals in the 37th and 61st minute while the Fire didn't produce much offense ... (Sun, 28 Jun 2009 15:29:54 GMT)

Snyder’s return gives K-State fans hope of moving forward
TOPEKA | Bill Snyder stood alone for the moment, his thin body slightly rocking, his purple tie matching the colors worn by the hundreds of people surrounding him, his expression blank. It was impossible not to stare. (Sun, 28 Jun 2009 16:08:17 GMT)

Telcos accused of price-fixing
New Zealand's two largest telcos are facing accusations a pricing agreement between them is a "cash cow" that hikes costs for consumers. The deal covers mobile termination rates (MTRs), the fees phone companies charge rivals to use their networks. (Sun, 28 Jun 2009 17:06:23 GMT)

Cash scramble puts fresh pressure on staff pensions
Companies are queuing up to close off their final salary schemes to existing members in the wake of this month's decision by Barclays to do so, a leading consultant says. (Sun, 28 Jun 2009 20:49:25 GMT)

Payday lender’s illegal — but successful — use of confessed judgments leads to call for change
Charles A. Liverpool first knew something was amiss when his May 15 paycheck was $370 less than usual. After speaking with his manager, Liverpool learned his wages had been garnished. The same thing happened two weeks later: another $28 gone. (Sun, 28 Jun 2009 23:09:04 GMT)

Burglars Hit More Businesses
Three more commercial businesses in Columbia are broken into making them the 6th, 7th 8th businesses hit in less than a week. As we first told you on Friday, police were looking into a string of burglaries where a rock was used to break-in and cash advance stores have been the main target. (Mon, 29 Jun 2009 04:10:02 GMT)

New Idaho laws, budgets take effect Wednesday. Some may affect you.
State employees, teachers, students, drunk drivers and more will feel the affect of new laws and budgets. Follow Idaho Politics news (Mon, 29 Jun 2009 06:00:11 GMT)

Make the most of your holiday cash
Don't lose your hardearned money to fees and charges. Here are 10 ways to minimise costs and maximise benefits for a great getaway. (Mon, 29 Jun 2009 09:52:59 GMT)

Association Financial Services Saves Palm Beach County Association by Increasing Cash Receipts
MIAMI----Association Financial Services , a firm specializing in providing accounts receivable and financial management services for condominium associations, recently increased the monthly cash receipts for a Palm Beach County community by almost $200,000. (Mon, 29 Jun 2009 13:00:00 GMT)

London afternoon: Financials spearhead the advance
Banks and insurers lead the way as London continues its steady advance. (Mon, 29 Jun 2009 13:44:00 GMT)

London afternoon: Financials spearhead the advance
LONDON (SHARECAST) - Banks and insurers lead the way as London continues its steady advance. Lloyds Banking tops the list of risers after Goldman Sachs raised its rating on the shares from “neutral” to “buy” and added them to its “Conviction Buy” list. (Mon, 29 Jun 2009 13:49:53 GMT)

Allison Kilkenny: Obama VS GE: Getting Tough With Corporations
General Electric has become the biggest beneficiary of one of the rescue programs originally designed for banks, according to the Washington Post. However, GE has... (Mon, 29 Jun 2009 14:22:41 GMT)

Downers Grove man accused of fraud out of hospital
Officials from the Federal Bureau of Investigations in Chicago announced that David Hernandez of Downers Grove has been released from the hospital and is scheduled to appear in court today. (Mon, 29 Jun 2009 15:20:59 GMT)

Leader of check forgery ring sought
A Tri-Cities man is wanted for allegedly recruiting people to cash fake checks printed with business (Mon, 29 Jun 2009 16:00:32 GMT)

U.S. Stocks Advance, S&P 500 Rebounds After Two-Week Decline
June 29 (Bloomberg) -- U.S. stocks rose, with the Standard & Poor’s 500 Index rebounding from its first back-to-back weekly drop since March, as higher oil prices lifted energy shares and investors speculated the recession is easing. (Mon, 29 Jun 2009 16:36:56 GMT)

Payday loan users say they have no options, study says
FRANKFORT — A survey of low-income families in nine Kentucky counties showed that many turned to payday lenders because they couldn’t access traditional loans or other banking services. (Mon, 29 Jun 2009 19:03:17 GMT)

Va. legislative panel discusses car title lending
By Dena Potter RICHMOND Only about 5 percent of borrowers who fall behind in repaying their car title loans lose their vehicles, a lawyer representing several of the high-interest lenders told a legislative panel studying the industry Monday. (Mon, 29 Jun 2009 20:54:44 GMT)

Bangkok Post : Indebted to our teachers
Earlier this year, a financial adviser was appointed to help the government deal with more than 173 billion baht of teachers' debts. (Mon, 29 Jun 2009 22:31:30 GMT)

David Jones Boosts Second-Half Profit Forecast; Shares Advance
June 30 (Bloomberg) -- David Jones Ltd. , Australia’s second-biggest department store operator, raised its profit forecast as government stimulus measures stoke consumer spending. (Tue, 30 Jun 2009 00:46:35 GMT)

Virginia considering regulating car title loans
Virginia is considering putting the brakes on the repo man, but there’s disagreement on how to do it. A General Assembly panel yesterday opened hearings on a possible clampdown on car-title loans, under which borrowers—often with poor credit histories—use their cars as collateral and lose them if they fail to repay. The industry, which typically charges 300 percent to 350 percent in annual ... (Tue, 30 Jun 2009 04:08:12 GMT)

The key indices will open in the green, in line with the advance across other Asian markets. It remains to be seen if ...
With global markets in the pink of health, we expect India to follow in their footsteps. The key indices will open in the green, in line with the advance across other Asian markets. (Tue, 30 Jun 2009 04:10:47 GMT)

Many see payday loans as only option
FRANKFORT — A survey of low-income families in nine Kentucky counties showed that many turned (Tue, 30 Jun 2009 05:48:15 GMT)

Lawmakers look at car-title lending
RICHMOND | Only about 5 percent of borrowers who fall behind in repaying their car-title loans lose their vehicles, a lawyer representing several of the high-interest lenders told a legislative panel studying the industry Monday. It was the panel's first meeting, but because the lenders are unregulated in Virginia, legislators must rely on attorney Dewey Morris and other industry representatives ... (Tue, 30 Jun 2009 08:48:26 GMT)

Research and Markets: Consumer Finance
DUBLIN----Research and Markets has announced the addition of the "Consumer Finance " report to their offering. (Tue, 30 Jun 2009 13:56:00 GMT)

Virginia considering regulating car title loans
Virginia is considering putting the brakes on the repo man, but there’s disagreement on how to do it. (Tue, 30 Jun 2009 15:21:54 GMT)

MOGO Introduces Canada to Free Money
As a company committed to providing financial solutions to people everywhere, Mogo is giving away free money with no hidden fees. If you qualify for a Zip Money instant short-term loan a person can borrow up to $1500 instantly the first time around at no cost. All they have to do is apply for a loan before August 1st and use the promo code: PRESS1. Apply now: ... (Tue, 30 Jun 2009 18:40:00 GMT)

Cash Store Financial Announces Intention to Commence a Normal Course Issuer Bid
The Cash Store Financial Services Inc. has filed with the Toronto Stock Exchange a notice of its intention to make a normal course issuer bid for its common shares through the facilities of the TSX . (Tue, 30 Jun 2009 19:00:00 GMT)

A look at the proposed consumer financial watchdog
A look at Obama's proposal to create a Consumer Financial Protection Agency: _The agency would oversee products used by consumers such as mortgages, credit cards, payday loans and terms on savings accounts. _The agency would be in charge of implementing a law... Sponsored Topics: Credit card - Payday loan - Loan - Savings account - Business (Tue, 30 Jun 2009 20:53:28 GMT)

Armed suspect robs payday loan business
A man carrying a handgun robbed Allied Cash Advance, 1194 N. West Ave., around 12:30 p.m. today. The Jackson Police Department said the man fled the store in an unknown direction with an undisclosed amount of money. (Tue, 30 Jun 2009 22:01:18 GMT)

ATM Vendor Halts Researcher's Talk on Vulnerability
An ATM vendor stops a security researcher from talking about a vulnerability in its cash machines. The researcher planned to demo the lucrative attack at an upcoming hacker conference. (Tue, 30 Jun 2009 22:43:53 GMT)

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