Group targets Fed, predatory lenders (The Ames Tribune)

Posted on August 28th, 2009 | by admin |

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Iowa Citizens for Community Improvement earned another hearing from representatives of the Federal Reserve Saturday in its bid to slow high-interest payday loan operations in low-income Iowa neighborhoods.

Better Business Bureau : 90-plus Missouri nursing homes offer payday loans (The Joplin Globe)

ST. LOUIS (AP) A study by the Better Business Bureau has found that more than 90 nursing homes in Missouri make payday loans to their own employees at high interest rates, then deduct payment of the loan, interest and fees from the workers next paychecks.

Nursing home payday loans criticized in report by BBB (The Springfield News-Leader)

A single company, Health Systems Inc., operates eight southwest Missouri nursing homes with payday loan licenses, including Sonshine Manor in Republic and Strafford Care Center, in Strafford, records show.

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