Payday Lending News
The latest news on payday loans and the payday lending industry from the Center for Responsible Lending.
- Payday Lending Bill Passes Idaho Senate
Idaho Statesman 11 Mar 2014
The Idaho Senate has passed SB 1314 to curb payday lending in the state and cap the maximum amounts and interest rates of these loans.
- Payday Loan Law Helps State Borrowers
Minnesota Daily (MN) 10 Mar 2014
Minnesota State Rep. Joe Atkins (DFL-Inver Grove Heights) has introduced legislation to regulate the state's payday lending industry.
- Waterloo Mulls Zoning Clamps on Payday Lenders
WCF Courier 07 Mar 2014
In Waterloo, Iowa, new Ward 3 councilman Pat Morrissey is calling for city zoning changes as an attempt to rein in payday lenders. Such changes would limit where the lenders can set up shop.
- Pay Day Loan Reform Bill May Return
Montgomery Advertiser (AL) 04 Mar 2014
Alabama lawmakers are planning to revive a proposal to regulate payday lending in the state. The House Financial Services Committee is scheduled to revisit legislation sponsored by Rep.
- Payday Loan Reform Bill Flies Through House
Salt Lake Tribune (Utah) 24 Feb 2014
Payday lending reform bill HB127 passed the Utah House Monday on a 69-4 vote and has moved to the Senate. The measure is sponsored by Rep. Jim Dunnigan (R-Taylorsville).
- Payday Legislation Gets Second Wind
Times Daily (Alabama) 16 Feb 2014
A bill to regulate payday lending in Alabama recently stalled in a House committee, but two senators are now considering their own measures. Sen.
- Payday Loan Bill Flies Through Panel
Salt Lake Tribune (UT) 14 Feb 2014
Proposals to limit payday lending in Utah have hit roadblocks in the past, but recent scandals have encouraged swifter action.
- Ala. Payday Lender Bill Stalls in Committee
Associated Press 13 Feb 2014
The Alabama House Financial Services Committee this week sent a payday loan bill to a subcommittee, a move that Rep. Patricia Todd (D-Birmingham) says was meant to kill the legislation.
- Payday Lending Bill Sees Criticism
MagicValley.com 13 Feb 2014
The group Idaho Community Action Network (ICAN) is working toward state and city laws that would protect consumers from payday lenders.
- Predatory-Lending Bill Wins Unanimous Committee Support
Foster's Daily Democrat (NH) 13 Feb 2014
In Maine, the House Insurance and Financial Services Committee has granted its full support to a bill intended to beat back online predatory lenders that target consumers in the state despite a ...
- Idaho Legislators Take Aim at Predatory Loans
Idaho State Journal 09 Feb 2014
Legislators in Idaho concur that residents deserve better protections against predatory loans but disagree on the best approach to accomplish this goal.