Letters From Readers: Feb. 8 - Journal Times
Story date: 2010-02-07 04:50:00
Added on: 2010-02-07 21:04:55
Wisconsin is one of a three states in the nation with no interest rate caps. Hard-working Wisconsin residents are paying millions of dollars in excessive fees to payday lenders. Predatory payday lenders profit with interest rates of 500 percent or ...
Read more...
Related Stories:
-
Wisconsin is one of few states with no ceiling on payday loan interest - Capital Times
Wisconsin is one of few states with no ceiling on payday loan interestCapital TimesValeria convinced her mortgage holder, a local conventional lender,...
2009-08-05 07:53:53 -
State Debate: Rein in interest on payday loans, Sheboygan Press says - Wisconsin State Journal
It is true that for many people, high-interest payday loans are the only avenue open to them. Their credit rating won't allow...
2009-08-04 09:51:00 -
A look at car title lenders vs. payday lenders
Montana Standard - Payday lenders charge around $15 for each $100 loaned in most states, pushing the annual interest rate close to...
2008-03-02 07:52:00 -
Some States Set Caps to Control Payday Loans (New York Times)
Lawmakers in some states are looking to sharply reduce the caps on annual interest rates for payday lenders, as the industry is...
2008-09-06 03:26:34 -
Wisconsin stops short in limits on payday loans - Dubuque Telegraph Herald
Wisconsin stops short in limits on payday loansDubuque Telegraph HeraldBut their customers are often desperate people socked with interest rates of 400...
2010-04-26 10:07:43 -
Troubled mortgages increasing in state (Milwaukee Journal Sentinel)
Delinquency and foreclosure rates for residential mortgage loans in Wisconsin rose in the second quarter but remained below that of other Midwest...
2008-09-05 08:46:37 -
Profiting From Recession, Payday Lenders Spend Big to Fight Regulation - Common Dreams (press release)
Profiting From Recession, Payday Lenders Spend Big to Fight RegulationCommon Dreams (press release)In Wisconsin alone, efforts to establish an interest rate ceiling...
2010-03-02 10:02:19 -
Sheridan Gets Hate Mail Over Lobbyist - Newsradio 620
Wisconsin is the only state that does not set a rate cap for payday lenders, fueling rapid ... handling of a bill...
2010-02-05 07:16:00