Asia Day Ahead: U.S. Stocks Decline; Commerzbank Buys Dresdner Sept. 1 (Bloomberg) — U.S. stocks fell for a second week as an advance in oil prices and lower-than-estimated earnings at Dell Inc. spurred concern a yearlong drop in profits isn’t over. Continue reading about cash advance companies

The Alpha Beta Chapter of Epsilon Sigma Alpha will hold its 21st Annual Taster’s Luncheon to benefit the Walter E. Boehm Birth Defect Center on Saturday, Sept. 13 at St. Stephen’s Catholic Church, located at 7111 Lee Highway in Chattanooga Continue reading about cash advance companies

BALTIMORE (WJZ) ? It’s been announced that Michael Phelps has gotten a $1.6 million advance to write a book called “Built to Succeed.” As Mike Schuh reports, it’s all part of corporations cashing in on the swimming sensation from Rodgers Forge Continue reading about cash advance companies

Payday Lenders Fight Efforts To Cap Interest Rates - WLWT 5
CINCINNATI — You may have seen the commercials on Issue 5, which would restrict payday lending. Industry supporters are gathering signatures to place a referendum on the November ballot that would overturn part of a new law that would drastically

Economic pinch pushes more people to payday loans - Rockford Register-Star
The tight credit market and flagging economy are driving people to use payday and title loans to fund their day-to-day lives, and efforts by the state to regulate the industry haven’t removed the traps involved in using the companies for quick cash

Payday lending controversy hits the airwaves - Delphos Herald
“I’ve been studying this payday issue and you wouldn’t believe what our politicians have been up to,” says a “farmer” in a recent television ad. The actor is seen standing near a red Chevy pickup truck on a dirt road next to a corn field

CNN Frets Bill Clinton Was Too Conservative - News Busters
Thursday’s edition of CNN’s “American Morning” featured a “fact checking” segment on the claims former President Bill Clinton made about his accomplishments as president during his speech to the Democratic National Convention. The segment wasn’t much

Mile High Letdown - Slate
Obama Speech React: 1) A little flat, and not just because of it’s now-required State-of-the Union laundry-list passages; 2) Background off, color-wise; 3) Best graf by far: I love this country, and so do you, and so does John McCain. The men and

Payday Lenders Fight Efforts To Cap Interest Rates - WLWT 5
CINCINNATI — You may have seen the commercials on Issue 5, which would restrict payday lending. Industry supporters are gathering signatures to place a referendum on the November ballot that would overturn part of a new law that would drastically

Mad as hell: Credit card users tell the Fed they’re not gonna take it - Walletpop.com
The Federal Reserve gave consumer a few months to mull over this proposition : Should credit card companies be allowed to raise the rate on debt you already owe? Is it fair for them to constantly reshuffle your debt so you are always paying the

Missouri and Illinois get straight “F’s” - St. Louis Post-Dispatch
Some states have laws to protect consumers against being gouged with high interest on small loans — the kind that can tide you over for a few weeks. Not Missouri and Illinois. Both states got failing grades in a survey this week of abusive lending

A new alternative? - The Clarion-Ledger
BankPlus will launch a new program in October intended to be an alternative to payday loans and other short-term, high-interest loans. Through the program, called CreditPlus, customers receive a loan of $500 or $1,000 with an interest rate of about 5

Payday group to submit signatures Sunday - Columbus Business Journal
Backers of a payday lending industry proposal to strip away key consumer safeguards in a controversial Ohio law expect to deliver in the nick of time petition signatures to get the initiative on the fall ballot. Ohioans for Financial Freedom said