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As Minnesotans struggle financially in tough economic circumstances, some payday lenders are taking their business online, charging customers big fees for small cash loans. ST. PAUL ... Ltd., LLC in Salt Lake City, Utah; Sanguine, Inc. of ...

Minnesota Commerce Department cracks down on unlicensed Internet payday lenders

Since payday lending was first regulated in 1998, there have been numerous improvements to Utah law that have increased consumer safeguards including a limit on loan duration, a 24-hour right to rescind any loan, as well as a once-a-year, interest-free ...

The case against overregulated payday lending

As Minnesotans struggle financially in tough economic circumstances, some payday lenders are taking their business online, charging customers big fees for small cash loans. At the click ... Ltd., LLC in Salt Lake City, Utah; Sanguine, Inc ...

Commerce department cracks down on unlicensed Internet payday lenders

including Utah Sens. Mike Lee and Orrin Hatch, who simply don’t like the concept of a bureau with authority to oversee practices of mortgage and payday lenders, credit-reporting agencies and big banks that handle student loans. Republicans ...

Confirm Cordray

GreenDot Corp. got the go-ahead last week from the Federal Reserve Board to purchase Bonneville Bancorp in Provo, Utah, for $15.7 ... second only to the rise of online payday lenders -- high-interest short-term loans accessible only through ...

Fee-Dependent Prepaid Card Maker Moves Into Banking

In addition to Maine and Tennessee, the White House will also target Alaska, Indiana, Iowa, Nevada and Utah. Earnest said that ... The White House cited a study that said payday lenders, which offer short-term loans to help people cover monthly ...

Obama plans media blitz for financial watchdog

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