Pen pals

Pen pals
San Francisco Bay View - Dec 22 4:38 AM
San Francisco The California Reinvestment Coalition released a new report Thursday finding that people of color, communities of color and rural towns are more likely to receive higher-cost home loans and that people of color in California could be paying $50 million more than white borrowers every month as a result of higher-cost home loans.Save to My Web

TCF National Bank Announces Payroll Direct Deposit Service
[Press Release] PR Newswire via Yahoo! Finance - Dec 20 1:07 PM
TCF National Bank announced today a new service for small and middle market businesses to offer direct deposit to their employees.Save to My Web

Payday lender to appeal ban by N.C.
The Charlotte Observer - Dec 24 4:09 AM
Advance America, Cash Advance Centers, said late Thursday that it will appeal a state order barring it from making new loans in North Carolina. That news appeared in some editions of Friday's Observer. Advance America was the state's largest payday lender until it suspended lending in September. On Thursday, the state's chief banking regulator barred the company from further lending, saying its Save to My Web

Banking and Financial
Mondaq - Dec 20 11:19 AM
A significant number of class actions certified by Canadian courts in the last few years have targeted financial institutions. Many of these class actions attack fees and other charges, which the plaintiffs allege are hidden from customers, or constitute usury.Save to My Web

Legislators consider cap on payday loan rates
Albany Democrat-Herald - Jan 17 9:12 AM
SALEM (AP) Consumer advocates are stepping up pressure on Oregon legislators to cap the loan rates charged by payday lenders throughout the state. Rates can average more than 500 percent when averaged out over a single year.Save to My Web

Cash America Issues $40 Million of Long-Term Fixed Rate Notes
[Press Release] Business Wire via Yahoo! Finance - Dec 29 11:17 AM
FORT WORTH, Texas----Dec. 29, 2005--Cash America International, Inc. announced today that the Company has issued senior unsecured long-term notes to a group of institutional investors in the amount of $40.0 million.Save to My Web

BBB says beware of payday loans
KXLY-TV Spokane - Dec 23 6:50 PM
SPOKANE- If you have overspent this holiday season and your in need of fast cash, consumer experts are warning you away from so called "payday loans."Save to My Web

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