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Illinois Payday LoanBanks and other lenders advanced $75.1 million last month in loans guaranteed by the U.S. Small Business Administration. That was more than triple the amount lent in November 2008, and was the highest November loan total in at least four years. A ... Read more
SBA loans in Wisconsin continue to rise - Milwaukee Journal SentinelIf you're reading this on the business page, you probably consider a checking account to be a pretty elementary concept. In 88,000 St. Louis households, however, it's a foreign experience. The Federal Deposit Insurance Corp. said last week that 17 ... Read more
88,000 in area are bankless - St. Louis Post-DispatchWhen Steve Majeed left Cape Girardeau to return to his native Pakistan in July, he believed the move would be for many, many years. But e-mails and phone calls from former customers of Stevie's Steakburger business at 600 Broadway prompted him to ... Read more
Majeed returns to run Stevie's Steakburger - Southeast MissourianYou can still get a loan based on your expected tax refund this year, just not at a payday loan store. The state is barring consumer installment lenders, such as payday lenders and title loan firms, from offering tax refund anticipation loans. The ... Read more
Payday lenders banned from refund loans - Freeport Journal StandardWisconsin Senator Herb Kohl is introducing a bill he says will give consumers an alternative to so-called "pay-day" loans. It provides incentives to banks and credit unions to make relatively small loans at lower interest rates than are found at ... Read more
Bill would offer pay day loan alternative - Daily TelegramRead more
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