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Check Into Cash to Close 32 Ohio Stores - Earthtimes

CLEVELAND, Tenn. , Nov. 20 /PRNewswire-USNewswire/ -- Payday lender Check Into Cash announced today that it is closing 32 of its 92 stores in Ohio . The closings follow recently passed legislation that caps interest rates at 28 percent, making it ...

St. Louis moves to limit payday loan stores - St. Louis Post-Dispatch

ST. LOUIS — While the nation's money meltdown has made it difficult for even dependable borrowers to get credit, fast cash continues to be just a short walk away in some neighborhoods. But let the buyer beware: the convenience of payday loans and ...

Defeated in Ohio, payday lenders look for options - Bradenton Herald

The payday loan industry - stung at the Ohio ballot box with a strict new law - is looking for other ways to do business, prompting consumer advocates to worry that lenders are finding a way around the election results. Lenders are focusing more on ...

New payday loan products are reaction to vote; 79 Ohio sites to close - Toledo Blade

As expected, some in the so-called payday loan industry have announced they will close a combined 79 stores in Ohio after the passage of a state ballot issue that meant payday loan interest rates were capped at 28 percent. But several lenders ...

Payday lenders remain open - Baxter Bulletin

Mountain Home's two payday lending stores, First American Cash Advance and Payday Money Store, remain open. Two other stores in Mountain Home surrendered their licenses in April, after Arkansas Attorney General Dustin McDaniel ordered payday lenders ...

RCAA grant helps families' finances - Eureka Times-Standard

The Redwood Community Action Agency is launching a two-part program to help families get their maximum tax refunds while training others in preparing tax returns. With a $25,000 grant from the state Department of Community Services and Development ...

Checksmart CEO: Election hurt company - Newark Advocate

NEWARK -- One payday lender said current Ohio law, upheld by voters in the Nov. 4 general election, will not allow the loan stores to remain in business. Ted Saunders, chief executive officer of Checksmart, said the company will pursue other options ...