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PHOENIX -- The defeat of Proposition 200 at the polls has left the payday loan industry with a two-word question: Now what? Doing nothing is not really an option, as it would put the lenders out of business in less than two years.
Mason police said a man has admitted robbing a payday lender at gunpoint last month.
The payday lending industry in Ohio will mutate because of a state law upheld by Ohio voters Nov. 4, but it won’t go away because of the restrictive rules.
It's hard to figure exactly whether Ryan Dempster's still-fresh $52 million contract -- the first big free-agent signing of the winter -- is a good move for the Cubs or a bad one. It's hard to say whether it's just baseball business as usual or the first step toward that long-rumored economic Armageddon in the game.
Two years ago, you couldn’t drive more than a mile in some parts of Portland without seeing half a dozen store fronts advertising easy, quick cash. All you had to do was pay 521 percent annual interest (APR) and the cash was yours.
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