No Fax Payday Loans

Australia’s leading online payday loan company, Cash Doctors, implement new and improved website design.

Ohio’s payday lending companies are looking at other business avenues after the defeat of a referendum in the Nov. 4th election that would have allowed the payday lending industry to operate as always.

OkeHampton Payday Loans, located online at OkeHampton.net, recently launched their online payday loan website to assist more customers in obtaining cash on demand.

OkeHampton Payday Loans, located online at OkeHampton.net, recently launched their online payday loan website to assist more customers in obtaining cash on demand. (PRWeb Nov 16, 2008) Read the full story at http://www.prweb.com/releases/2008/11/prweb1621394.htm

WHAT HAPPENED: Ohio voters upheld state law that caps annual interest rate on payday loans to 28 percent and limits the number of loans per customer to four a year.

CINCINNATI - 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.

WHAT HAPPENED: Ohio voters upheld state law that caps annual interest rate on payday loans to 28 percent and limits the number of loans per customer to four a year. WHAT PLANNED: Payday lenders are looking at other services like pawn brokering and gold…

New Ohio legislation limits payday loans to 28% APR, down from an average of 391% APR.

PHOENIX (AP) — Arizona voters may have buried the payday loan industry, but backers are hoping the state Legislature can dig them out.

The payday-loan industry, which flourished this past decade on Arizonans’ almost-insatiable need for quick, short-term loans regardless of their high interest rates, may have to close down in Arizona unless state lawmakers can be persuaded to ignore voters’ wishes.