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Earlier this year, Mr Falconer helped the founders of a small online ... last year Arizona’s attorney general. At the height of the US subprime mortgage crisis, he said, people in his state were sinking deeper into debt because of payday loans.

Payday sector in search of new frontier

A survey by Debt Advice Foundation found online searches for pay-day loans have doubled in the past 12 months. Citizens Advice Bureau reports a four-fold increase in the number of people with payday loans ... restrictions. In Arizona, the maximum fee ...

Red alert on pay-day loans

However, in July 2011, when the new Consumer Financial Protection Bureau officially launches, that agency will become the major clearinghouse for consumer complaints about financial products such as credit cards, payday loans and mortgages. Torok from the ...

FTC report: Credit card complaints nosedive in 2010

The promotions paid off Nov. 26 with in-store and online sales during Black Friday ... that’s one thing but you have this kind of conflict where people are taking out payday loans at exorbitant interest rates and that’s real tragic.”

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Cash America Announces Increase in Credit Facility and Pending Seven-Store Acquisition

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