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Payday Loan Industry News
27 April 2008
Payday Loan Control - Early this month, the provincial government tabled legislation to curb abusive payday lending practices. The way it works is payday loan operators lend cash to people who in turn pay a fee and interest on whatever amount they take.
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25 April 2008
Payday Lending Limits - A bill that would have placed reasonable limits on payday lending to protect some of South Carolina's most vulnerable residents is at risk of being significantly weakened by changes suggested by a House subcommittee.
Read More Payday Lending Limits

21 April 2008
Virginia Town to Fund Payday Loan Education - Alexandria City Council member, Justin Wilson, has proposed a new tax on payday lenders. This money would help fund consumer education services provided by the city.
Read More Payday Loan Education

19 April 2008
Gubernatorial Candidate Pushes For Payday Loan Restrictions - Missouri gubernatorial candidate Jay Nixon, continues his push for proposed payday loan restrictions..
Read More Gubernatorial Candidate Pushes For Payday Loan Restrictions

18 April 2008
Money Mart Ok with Manitoba Interest Rates - Manitoba Public Utilities Board has set a maxixmum cost for payday loans up to $500 at 17 Percent. Also providing lower rates for those on social assistance or employment insurance.
Read More Money Mart Ok with Manitoba Interest Rates

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This is the first entry of Payday Loan Straight Talk, a blog talking about the impact of payday loans. I will be discussing all aspects of payday loans, money saving tips, and payoff strategies. If used properly, payday loans can be a great short term tool for a short term cash crunch. If used incorrectly, payday loans can be devastating. They can ruin your finances, family, and damage everything important to you.

My name is Greg. I am a former Payday Loan borrower. I have an intimate knowledge of Payday Loans and how they can impact you and your family. In November 2006, I had over $3000 in Payday Loan type debt. I have dug myself out of the deep hole of debt I put myself into and YOU CAN TO!

First, let me tell you, I am not a financial planner or advisor and any information in this blog/website is intended for informational purposes only and should not be considered financial advice.

I would encourage you to bookmark this payday loan blog and check back often for updates.

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