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: Caveat EmptorPayday lending, How much interest would Jesus charge?
By Nick Slade
Apparently the money changers are back in the temple.
In a paper to be published this spring in the Catholic University Law Review, professors Christopher Peterson and Steven Graves find a surprising correlation between the geographic density of payday lenders and the political clout of conservative Christians. The more conservative Christians a state has the more payday lenders. See my earlier piece on payday lending in Utah
Usury, the Christian thing to do.
Full post as published by Caveat Emptor on February 22, 2008 (boomark / email).
Lenders Fined
Ryland Group Inc. settles $370,000 questionable lending suit.
NCAA and Ticketmaster
alleging they have a monopoly on college sports events and charge non-refundable fees to enter a lottery for the rights to purchase tickets to the sporting events.
Chevy Chase Bank
lawsuit claims the bank is in violation of the Truth in Lending Act
Stock Market Losses
alleging bad financial advice and conflicts of interest.
JP Morgan Chase & Co
Faces Lawsuit Over Hikes in Credit Card Interest Rate
Tax Discrepancies
Northwest Airlines pays IRS $12.6 million settlement for taxes and interest.

Ohio Enacts New 28% Cap on Payday Lending Rates
Ohio (Effectively) Bans Payday Lending
Do Payday Loans Cause Bankruptcy
Payday Legislation Larded Up, Then Buried
Lab Experiment on Whether Payday Lending Helps Consumers Survive Financial Setbacks








