Cash Advance News Aug 2009

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Group targets Fed, ‘predatory lenders’
Iowa Citizens for Community Improvement earned another hearing from representatives of the Federal Reserve Saturday in its bid to slow high-interest payday loan operations in low-income Iowa neighborhoods. (Tue, 25 Aug 2009 16:34:08 GMT)

Police searching for armed robbery suspect
Vancouver police are searching for a man who robbed a cash-advance store early this afternoon in Cascade Park. (Tue, 25 Aug 2009 20:32:29 GMT)

7 minutes ago
PHOENIX -- Scammers are targeting people who have taken out payday loans. The Better Business Bureau issued a national alert about phony debt collectors who claim to be lawyers. (Wed, 26 Aug 2009 02:04:00 GMT)

Cash for Clunkers too popular for its own good?
Cash for Clunkers has taken car dealerships by the storm, rising once minimal customer levels to new heights. (Wed, 26 Aug 2009 05:52:24 GMT)

Canada's 'Friendliest Loan In Town' Is Positioned For Growth: TranDotCom's Short Term Loan Solutions and Support ...
In the highly competitive and ever changing Canadian consumer lending segment, Mogo has distinguished itself as an innovative market leader, and is positioned for exponential growth this year. (Wed, 26 Aug 2009 07:01:00 GMT)

Snooping wife breaks money taboo
Dear Dr. Don, I found out that my husband did a few cash advances through his credit card over the past few months, paying a $5 fee for each advance. The advances totaled a few hundred dollars. During that time, he only paid down part of his balance. (Wed, 26 Aug 2009 11:45:04 GMT)

India o/n money rate ends flat; banks cash-flush
(Updates to close) (Wed, 26 Aug 2009 12:46:23 GMT)

Advance registration for Country's Midnight Express 5K race closes Thursday
Through Thursday, runners can cash in on a discounted registration fee for this weekend's Midnight Express 5K race. (Wed, 26 Aug 2009 18:06:39 GMT)

Need some tax-free cash? Consider a reverse mortage
NEED SOME TAX-FREE CASH? Consider a Reverse Mortgage! (Wed, 26 Aug 2009 18:06:45 GMT)

Toys "R'' Us offering own version of cash-for-clunkers
Check your attics and your garages. Parents trying to save money on big-ticket baby items can take part in their own cash-for-clunkers program. (Wed, 26 Aug 2009 18:10:04 GMT)

Cash Store Financial achieves record annual revenue of $150.5 million and record net income of $14.6 million
The Cash Store Financial Services Inc. today announced fourth quarter and year-end results for the period ended June 30, 2009. (Wed, 26 Aug 2009 21:31:00 GMT)

Cash Store Financial announces regular and special dividend
The Cash Store Financial Services Inc. today declared a regular quarterly dividend of $0.065 cents per share, and a special dividend of $0.075 cents per share both payable on September 24, 2009 to shareholders of record on September 9, 2009. (Wed, 26 Aug 2009 21:32:00 GMT)

Can you identify armed robbery suspect?
MIDDLETOWN - Police released a surveillance video image Wednesday, Aug. 26, to ask the public for help identifying a man who last week robbed Advance America Cash Advance at gunpoint. (Wed, 26 Aug 2009 23:39:21 GMT)

Soybeans May Advance as Cool Weather Threatens U.S. Production
Aug. 27 (Bloomberg) -- Soybeans, little changed, may gain as cool weather in the U.S., the world’s largest grower and exporter, slowed crop development, raising concern that crops may not be ready for harvest before frost sets in. (Thu, 27 Aug 2009 03:07:48 GMT)

Cash for Clunkers too popular for its own good?
Cash for Clunkers has taken car dealerships by the storm, rising once minimal customer levels to new heights. (Thu, 27 Aug 2009 05:52:43 GMT)

Cash America Experiences a 43% Reduction in Employee Turnover Using PeopleAnswers
Providing specialty financial services at over 1,000 locations, Cash America anticipates saving $1.2 million over two years through better hiring decisions using the PeopleAnswers assessment tool. (Thu, 27 Aug 2009 07:01:00 GMT)

Cash Soybean Bids Advance
Merchandisers seemed to take little note of Wednesday's losses in soybean futures, with a stronger basis carrying the DTN Cash Soybean Index up 9 cents. (Thu, 27 Aug 2009 11:07:47 GMT)

Soybeans Advance as Cooler Weather Threatens U.S. Production
Aug. 27 (Bloomberg) -- Soybeans gained as cool weather in the U.S., the world’s largest grower and exporter, slowed crop development, raising speculation that crops may not be ready for harvest before frost sets in. (Thu, 27 Aug 2009 13:51:58 GMT)

Police Search For Cash Advance Robber
Police in Middletown are looking for the person who robbed a local cash advance store. (Thu, 27 Aug 2009 15:27:02 GMT)

Joe Beal Joins EZCORP Board of Directors
AUSTIN, Texas, Aug. 27 /PRNewswire-FirstCall/ -- EZCORP, Inc. (Nasdaq: EZPW) announced today that Joseph J. (Thu, 27 Aug 2009 18:12:39 GMT)

Fitch Comments on Boeing's New 787 Schedule; Outlook Negative
NEW YORK----Fitch Ratings considers The Boeing Company's new 787 schedule to be an incremental negative to BA's credit ratings. Cash flow pressures will persist through 2010 due to inventory build-up, delayed advance payments, and higher development expenditures. (Thu, 27 Aug 2009 19:59:00 GMT)

Cash for Clunkers too popular for its own good?
Cash for Clunkers has taken car dealerships by the storm, rising once minimal customer levels to new heights. (Fri, 28 Aug 2009 05:43:49 GMT)

Plot twist for raising cash
Just off the west side of the main road in the Babyland lot at Greenlawn Memorial Park Cemetery sit two empty plots next to the graves of Merrill and Hazel Smith. That's where Mary Keller was supposed to be buried. Photo caption: Mary Keller is selling two burial plots her parents bought for her in 1939 to raise money for medical expenses. Photo by Clint Keller | The Journal Gazette (Fri, 28 Aug 2009 07:13:08 GMT)

Blockbuster sells Xtra-Vision for up to $45M
Blockbuster Inc. said Friday that it sold Irish entertainment retailer Xtra-vision Ltd. to Ireland's Birchhall Investments Ltd. for up to $45 million in cash. (Fri, 28 Aug 2009 14:50:42 GMT)

UPI NewsTrack Business
U.S. markets advance Friday morning ... Gov: California plant closure 'a sad day' ... AIG stocks jump, curiously ... Plea points to bribes and blood oaths ... News from United Press International. (Fri, 28 Aug 2009 16:06:41 GMT)

European Stocks Climb; Infineon, L’Oreal, BHP Billiton Advance
Aug. 28 (Bloomberg) -- European stocks climbed, extending the Dow Jones Stoxx 600 Index’s second straight weekly gain, as earnings from Dell Inc. and L’Oreal SA beat estimates and Intel Corp. increased its sales forecast. (Fri, 28 Aug 2009 16:22:31 GMT)

DAX Snaps Two Days of Losses; Beiersdorf, Steelmakers Advance
Aug. 28 (Bloomberg) -- German stocks climbed for the first time in three days, sending the DAX Index to a weekly gain, as companies from Dell Inc. to L’Oreal SA reported earnings that beat analysts’ estimates and metal prices advanced. (Fri, 28 Aug 2009 16:22:41 GMT)

Payday loan scheme nets prison term for Clarksville securities broker
A former securities broker from Clarksville was sentenced to prison and ordered to pay restitution by a Howard County Circuit Court Judge following his conviction for securities fraud and fraudulent misappropriation by a fiduciary, Attorney General Douglas F. Gansler’s office said Friday. (Fri, 28 Aug 2009 19:02:30 GMT)

Mazda to issue $20 million in payments to dealers waiting for Cash for Clunkers reimbursements
IRVINE, CALIF. — Mazda North American Operations said Friday that it will issue $20 million in advance payments to its dealers to help tide them over until they receive reimbursements through the government's Cash for Clunkers program. (Fri, 28 Aug 2009 19:27:48 GMT)

Questions Of Cash: 'Loan error left me with a bathroom in my shed'
Q. My husband and I applied for a further advance on our mortgage with the Nationwide earlier this year. The fee for this was taken from our account on 25 April. The advance was to allow us to replace one of our bathrooms, pay for a new car under the scrappage scheme, and clear our overdraft and a credit card. We had been told we could borrow up to £131,000, but we only wanted £25,000. (Fri, 28 Aug 2009 23:18:47 GMT)

Cash for Clunkers too popular for its own good?
Cash for Clunkers has taken car dealerships by the storm, rising once minimal customer levels to new heights. (Sat, 29 Aug 2009 05:44:49 GMT)

CANADAS FRIENDLIEST LOAN IN TOWN IS POSITIONED FOR GROWTH
In the highly competitive and ever changing Canadian consumer lending segment, Mogo has distinguished itself as an innovative market leader, and is positioned for exponential growth this year. Leveraging a long-term collaborative relationship with TranDotCom Solutions, LLC has allowed Mogo the technological flexibility needed to drive growth, launch new products, and react quickly to changing ... (Sat, 29 Aug 2009 06:29:01 GMT)

Public Counsel targets utility billing, payment practices
Despite its name, the Airport Currency Exchange, a bare-bones operation across Interstate 70 from Lambert International Airport, doesn't trade in euros, pesos or British pounds. Instead, you can pay your electric, gas and phone bills there. (Sat, 29 Aug 2009 06:35:50 GMT)

European Stocks Advance for Second Week; L’Oreal, Natixis Climb
Aug. 29 (Bloomberg) -- European stocks advanced for a second consecutive week as earnings reports and economic data added to signs the global recession is nearing an end. (Sat, 29 Aug 2009 10:11:41 GMT)

Rugby World Cup cash begins at home
The money or your bed? Homeowners willing to vacate their bed in order to make a few bucks are being urged to put their homes up for rent to help accommodate the thousands of rugby-mad fans expected here for the 2011 Rugby World Cup. (Sat, 29 Aug 2009 19:16:41 GMT)

Amar cash-scam finger at Kulkarni
New Delhi, Aug. 29: Samajwadi general secretary Amar Singh today gave L.K. Advani and Arun Jaitley a clean chit in the cash-for-vote scam, blaming former BJP associate Sudheendra Kulkarni for “misusing” the senior leaders. (Sat, 29 Aug 2009 21:39:39 GMT)

No one is immune to identity theft
Todd Davis has made himself something of a poster child of the identity-theft crisis. Davis, chairman of Arizona-based LifeLock Inc., warns that no one can stop all identity theft, but they can take measures to protect themselves. Of course, LifeLock offers credit-monitoring services. But Davis is so sure LifeLock can protect people’s Social Security numbers that he plasters his number—457-55 ... (Sun, 30 Aug 2009 04:19:08 GMT)

Cash for Clunkers too popular for its own good?
Cash for Clunkers has taken car dealerships by the storm, rising once minimal customer levels to new heights. (Sun, 30 Aug 2009 05:52:44 GMT)

Private student loans waste money
As a personal finance columnist, there are some things that make me pull my hair out. I try not to think about them, because I have less and less hair these days and people are noticing. (Sun, 30 Aug 2009 06:18:56 GMT)

More money does not equal quality education
Below state average is the best Greeley-Evans School District 6 can do unless it gets more cash from taxpayers? Don't buy it. It's time District 6 focuses on how it spends taxpayer dollars, not how much. (Sun, 30 Aug 2009 16:04:55 GMT)

Cash strapped Kerry Katona to pen 'warts and all' biography
Her nearest and dearest have dished the dirt on her – so now Kerry Katona is getting in on the act, too. (Sun, 30 Aug 2009 23:20:03 GMT)

Check casher should have revealed old debt
Question: I recently visited a check-cashing company where, unknown to me, I apparently had a balance on a cash advance from two years ago. The cashier, saying nothing about the balance beforehand, cashed my check and deducted the balance from the payout. (Mon, 31 Aug 2009 03:37:47 GMT)

Bubbles May Provide Cash Today, But These Bubbles Can Burst –- CashToday.org Gives Warning Signs
This decade has seen its share of booms and busts. There is a common pattern with each, starting with cash today and ending with a life lesson. CashToday.org warns against risky investments and paying for them with a cash advance or payday loan. (Mon, 31 Aug 2009 04:00:00 GMT)

Neighborhood Alliance: Church on Pittsburgh's North Side works to its community
Dan Krebs grew up in his family’s car business. Today, he works with a very different kind of customer: people in such financial straights they often can’t afford cars and are desperate for small, stop-gap loans. (Mon, 31 Aug 2009 04:14:32 GMT)

Cash for Clunkers too popular for its own good?
Cash for Clunkers has taken car dealerships by the storm, rising once minimal customer levels to new heights. (Mon, 31 Aug 2009 05:52:43 GMT)

Funds Dump Retail Shares as Cash Flows From Fortune (Update1)
Aug. 31 (Bloomberg) -- Mutual funds, pensions and endowments are unloading U.S. consumer stocks at the fastest pace in at least 14 years. Institutions controlling $16.4 trillion sold $1.8 billion more than they bought of department stores, distillers and hoteliers this month, according to data compiled by State Street Corp. (Mon, 31 Aug 2009 08:27:27 GMT)

Checkmate for a Wall Street wizard?
The week of Sept. 7, 2008, started out innocently enough for J. Christopher Flowers. The billionaire, whose eponymous private equity firm invests mostly in troubled financial companies, was in Tokyo to attend a board meeting when he received a call from a senior executive at Bank of America. The executive wanted him to return to New York as quickly as possible to partner in a potential deal to ... (Mon, 31 Aug 2009 08:47:37 GMT)

PSCU Financial Services Provides Disaster Recovery for Schools Federal Credit Union
ST. PETERSBURG, Fla.----PSCU Financial Services’ Contact Center professionals recently supplied Los Angeles-based Schools Federal Credit Union with 24/7 call center services during complications with its core system. (Mon, 31 Aug 2009 12:50:00 GMT)

Treasuries Poised for Two-Month Gain as Stock Advance Falters
Aug. 31 (Bloomberg) -- Treasuries headed for their first two-month gain this year amid speculation that a six-month stock rally has outpaced prospects for growth, increasing demand for the relative safety of U.S. debt. (Mon, 31 Aug 2009 14:09:08 GMT)

Disney to buy comic book powerhouse Marvel for $4B
The Walt Disney Co. is buying Marvel Entertainment Inc. for $4 billion in cash and stock, bringing such characters as Iron Man and Spider-Man into the family of Mickey Mouse and WALL-E. (Mon, 31 Aug 2009 16:43:52 GMT)

Treasuries Poised for Two-Month Gain as Stock Advance Falters
Aug. 31 (Bloomberg) -- Treasuries headed for their first two-month gain this year amid speculation that a six-month stock rally outpaced prospects for growth, increasing demand for the relative safety of U.S. government debt. (Mon, 31 Aug 2009 17:29:14 GMT)

Treasuries Poised for Two-Month Gain as Stock Advance Falters
Aug. 31 (Bloomberg) -- Treasuries headed for their first two-month gain this year amid speculation that a six-month stock rally outpaced prospects for economic growth, increasing investor demand for the relative safety of U.S. government debt. (Mon, 31 Aug 2009 20:58:19 GMT)

Cash for Clunkers is over on Staten Island; Now try Dollars for Dishwashers
Energy-efficient appliances like clothes washers, refrigerators and freezers would be eligible for government rebates (Mon, 31 Aug 2009 21:27:02 GMT)

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