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Business news briefs (Pittsburgh Post-Gazette)

by Payday Loans Guru on July 28, 2008

in paydayloans

Internet and out-of-state companies that market payday loans to Pennsylvanians will need to be licensed by the state by Feb. 1 the Department of Banking announced yesterday. …
More here: Business news briefs (Pittsburgh Post-Gazette)

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Any company that makes payday loans or other consumer loan transactions with customers in Pennsylvania, but has a physical address outside Pennsylvania, will be subject to state lending rules by early next year, the Department of Banking said today.
Here is the original post:
Payday loan practices will extend to out-of-state companies (York Daily Record)

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Netspend to work with payday lender (BizJournals)

by Payday Loans Guru on July 27, 2008

in Payday Loan

Financial NetSpend Corp., which provides prepaid card services, has agreed with payday lender QC Financial www.qcholdings.com on a prepaid debit card program.

More:
Netspend to work with payday lender (BizJournals)

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I’d like to respond to Eric J. Law’s Alabama Voices column headlined ‘Exploitation Around Us’ by setting the record straight about the payday lending industry.
Originally posted here:
Payday lenders fill crucial niche (Montgomery Advertiser)

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