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Payday Magazine - Payday loan and specialty finance news.
PayDay Magazine
The leading source of news for the payday loan and retail
finance industry
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H E A D L I N E S |
8/25/2006
Cash Now Corporation Announces The Launch of Cash Now Direct Cash Now Corporation
"In addition to providing full ecommerce capabilities the Cash Now Direct portal will allow the licensees to build multiple professional and sub prime financial Web sites"
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8/2/2006
QC Holdings Reports Improved Loss Experience Driving 17% Increase in Net Revenues for Quarter
"We have focused on reducing losses during the last three quarters and believe we have a solid grasp on that aspect of our business"
- Don Early, QC Chairman and Chief Executive Officer
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6/28/2006
Study Concludes Payday Loan Industry Threat to Military Readiness Exaggerated
"Military enlisted personnel who have had payday loans repay them more quickly and are more likely to remain out of debt than their civilian counterparts."
...more
6/21/2006
Fed Governor Olson Resigns
"Olson, 63, was appointed by President Bush to fill an unexpired term on the Federal Reserve Board ending January 31, 2010"
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6/21/2006
Advance America Back In PA; Offering Credit Line For Monthly Fee
"The change in Pennsylvania leaves Arkansas as the only state where Advance America still operates as an agent for an FDIC supervised institution."
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6/5/2006
Remarks by Chairman Ben S. Bernanke: Comments on the Outlook for the U.S. Economy and Monetary Policy
"It is reasonably clear that the U.S. economy is entering a period of transition."
- Fed Chairman Ben S. Bernanke
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5/31/2006
The Federal Reserve Board Amends Check Processing Operations In Second and Third Districts
"Appendix A provides a routing number guide that helps depository institutions determine the maximum permissible hold periods for most deposited checks."
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5/30/2006
Cash Now CEO Featured in Exclusive Interview With WallSt.net
On May 24, Kevin S. Price, CEO of Cash Now Corp. updated the investment community in an exclusive interview with www.wallst.net . Topics covered in the interview include an overview of the Company and the markets it serves, recent press releases, current capitalization, upcoming strategic and financial milestones.
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5/24/2006
Study Shows Consumers Have Increased Their Debt By More Than 12 Percent Since 2004
"In addition to consumers taking on substantially more debt over the past two years, their number of late payments increased nearly 20 percent."
- Ty Taylor, president of Experian Consumer Direct
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5/23/2006
Testimony of Fed Chairman Ben S. Bernanke On Financial Literacy
"Bernanke testified before the Committee on Banking, Housing, and Urban Affairs of the United States Senate May 23, 2006."
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