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16 April 2008
Rate Cap Could Kill Payday Loan Industry - A California payday loan bill capping interest rates at 36 percent was gutted Tuesday by the state's Banking and Finance Committee..
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15 April 2008
Ohio Senate Takes Aim on Payday Loan Interest - Ohio Senators take aims on capping the interest rates payday loan lenders can charges customers. Under current regulations, Ohio Payday Loan Lenders can charge up to 391 percent interest. A Bill introduced yesterday, would put a new interest cap of 36 percent.
Read More Ohio Senate Takes Aim on Payday Loan Interest

15 April 2008
Some Ohio Payday Lenders Overcharging - Lansing - OFSI Commissioner, Ken Ross has ordered Payday Loan lenders in the state to stop overcharging for bounced checks. Some of the state's deferred presentment licensees are charging more than the $25 cap mandated by the Deferred Presentment Service Transactions Act.

14 April 2008
VA. Gov. Announces Payday Loan Amendment - Gov. Timothy M. Kaine announced Monday, an amendment tightening payday loan lender regulations. The regulations extending the length of payday loans were received a coll reception from both the payday loan industry and its critics.
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