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Sep 23, 2010
Payday lenders switch to title loans; others cash out
Many of the payday loan stores that were ordered to cease operations this summer have reemerged simply as check-cashing shops or auto-title lenders, while others, perhaps hundreds, have closed their doors and moved on.
Apr 6, 2010
No more payday loans – for real this time After 3 rejections, lobbyist says it’s over
The Senate Finance Committee has pulled the plug on a bill that would have extended the life of the payday industry. The committee was set to hear on April 7 a "strike-everything amendment" on a bill that was the industry's final attempt to continue operating.
