Latest Pay Day Loans news:

Group says bank overdraft fees rival payday loans
LITTLE ROCK - As co-founder of Arkansans Against Abusive Payday Lending, Hank Klein was one of the first in the state to cry foul about the industry's use of the term "fee" to describe its charges for short-term loans.
Read more News Source - The Morning News
Publish date - 07:34:02 07/20/08

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Group says bank overdraft fees as predatory as payday loans
By Jason Wiest Arkansas News Bureau LITTLE ROCK - As co-founder of Arkansans Against Abusive Payday Lending, Hank Klein was one of the first in the state to cry foul about the industry's use of the term "fee" to describe its charges for short-term loans.
Read more News Source - Arkansas News Bureau
Publish date - 08:05:57 07/20/08

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Experts: College students can avoid financial trouble
Knowing how to use credit cards and loans and how to budget can help prospective college students keep down debt that averaged around $20,000 among graduates in 2006, debt that could take years to pay off.
Read more News Source - The Clarion-Ledger
Publish date - 06:12:49 07/20/08

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Michelle Singletary: Back-to-basics theme anchors program for mortgage assistance
The Neighborhood Assistance Corporation of America is doing something that should have been done a long time ago. The nonprofit advocacy organization is in the second day of a free five-day Save the Dream of Homeownership event in Washington where people can get immediate help restructuring their troubled mortgage loans.
Read more News Source - The Indianapolis Star
Publish date - 06:08:12 07/20/08

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Another Day Older and Deeper in Debt
Practices that produced record profits for many banks have led millions of Americans to the brink.
Read more News Source - New York Times
Publish date - 19:06:55 07/19/08

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Vets' efforts pay off 'Updated' GI Bill boosts tuition benefits
MONTPELIER -- Despite billions spent on the wars in Iraq and Afghanistan, veterans have come back to a welcome that, in terms of college tuition assistance at least, has not kept up with inflation. ... - By LOUIS PORTER Vermont Press Bureau
Read more News Source - The Barre Montpelier Times Argus
Publish date - 07:12:43 07/20/08

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Lenders cash in as buyers despair
The collection agencies call at least 20 times a day. For a little quiet, Diane McLeod stashes her phone in the dishwasher. But right up until...
Read more News Source - Seattle Times
Publish date - 07:34:54 07/20/08

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Arkansas News Bureau
Group says bank overdraft fees as predatory as payday loans By Jason Wiest LITTLE ROCK - As co-founder of Arkansans Against Abusive Payday Lending, Hank Klein was one of the first in the state to cry foul about the industry's use of the term "fee" to describe its charges for short-term loans.
Read more News Source - Arkansas News Bureau
Publish date - 08:05:17 07/20/08

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Investment firms, banks step up Fed loans
WASHINGTON -- Wall Street firms and banks stepped up their borrowing over the past week from the Federal Reserve's emergency lending program.
Read more News Source - Washington Post
Publish date - 11:35:16 07/19/08

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Crisis? what crisis?
About two decades ago, a financial planner told me I'd need about $250,000 to pay for my kids' education. I thought he was nuts. He was. In the end, it's costing more.
Read more News Source - The Journal News
Publish date - 06:42:21 07/20/08

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Federal mortgage relief bill almost done
After six months of haggling and political gamesmanship, a massive housing relief bill is heading for final approval. The centerpiece is a $300 billion ''HOPE'' program designed to provide refinancing lifelines to as many as 400,000 homeowners in deep trouble on their current loans.
Read more News Source - Miami Herald
Publish date - 08:01:19 07/20/08

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Moody's downgrades Vegas Fontainebleau
Moody's downgraded the debt outlook for the Fontainebleau's sister property in Las Vegas to negative, with analysts anticipating problems selling the 1,000 condo-hotel units needed to pay down loans for the $3 billion project. The hotel and casino is slated to open in 2010, but Moody's pointed to a stressed Las Vegas real estate market and soft tourism in downgrading its forecast for the ...
Read more News Source - Miami Herald
Publish date - 11:22:07 07/18/08

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In default
The phone will stop ringing soon in an east Lawrence home. For the past few months, it has rung four, maybe five times a day. It’s collectors who are calling, always with the same question: When will the homeowner catch up on missed mortgage payments? Her answer is always the same. She doesn’t have thousands of dollars to make good on the loan. But in recent weeks, something has changed.
Read more News Source - Lawrence Journal-World
Publish date - 05:12:05 07/20/08

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Business in Brief
The dollar rose again on Friday by 0.326% and the representative rate was set at NIS 3.384. Since the Bank of Israel made its announcement 10 days ago that it would be buying $100 million a day, the greenback has recovered by 5.75%, after reaching a 12-year low of NIS 3.20. Analysts consider the central bank's move to be the key to the dollar's rise, and investors fear further intervention, in ...
Read more News Source - Haaretz Daily
Publish date - 23:39:05 07/19/08

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How bank failures happen and what they mean
Q: Why do banks fail? A: Banks fail, and are taken over by federal regulators, when they are in danger of running out of cash to meet their financial obligations. In IndyMac's case, customers withdrew an average of $100 million a day or more than $1.3 billion overall from the savings and loan during an 11-day period, putting it at risk, says the Office of Thrift Supervision.
Read more News Source - USA Today
Publish date - 17:53:10 07/18/08

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