International Business News - lenders http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif A 1999 state law allowing so-called payday lenders to charge high fees for short-term loans violates the state constitution, the Arkansas Supreme Court ruled Thursday. http://www.ibtimes.com/articles/20081106/court-payday-lending-law-violated-constitution.htm Thu, 06 Nov 2008 17:44:20 EST Virgin Media Inc. said Monday that its lenders have approved amending its senior facilities agreement. Last month the British entertainment and communications business said it was asking its lenders for permission to defer bank amortization payments until June 2012 and to make other amendments to its senior facilities. http://www.ibtimes.com/articles/20081103/virgin-media-lenders-ok-amending-agreement.htm Mon, 03 Nov 2008 08:14:42 EST A 1999 Arkansas law opened the door for payday lenders to charge triple-digit interest rates in violation of the constitution, attorneys told the state's highest court on Thursday. http://www.ibtimes.com/articles/20081030/ark-court-hears-arguments-on-payday-lending-law.htm Thu, 30 Oct 2008 15:32:50 EDT The number of payday lenders operating in Arkansas has dropped by about 86 percent since the state's top attorney threatened legal action over their high-interest loans, a new study says. http://www.ibtimes.com/articles/20081009/ark-down-to-just-33-payday-lenders-study-says.htm Thu, 09 Oct 2008 14:37:57 EDT Advance America, the largest payday loan provider in Arkansas, said it will shut down its stores in the state because of the attorney general's threat of lawsuits over its high-interest loans. http://www.ibtimes.com/articles/20080924/largest-ark-payday-lender-says-it-will-shut-down.htm Wed, 24 Sep 2008 11:14:17 EDT Shares of student loan lenders and originators were mixed Friday even after a government plan to rescue the banking sector sent the broader markets surging on confidence that the credit markets will open up, allowing lenders to boost business. http://www.ibtimes.com/articles/20080919/student-loan-stocks-mixed-amid-broader-rally.htm Fri, 19 Sep 2008 12:47:34 EDT A third of the payday lenders that Attorney General Dustin McDaniel ordered to shut down or face the possibility of lawsuits have remained open and restructured their businesses to avoid Arkansas regulation, an advocacy group said in a report released Wednesday. http://www.ibtimes.com/articles/20080716/report-ark-payday-lenders-escape-regulation.htm Wed, 16 Jul 2008 16:38:45 EDT Shares of Fannie Mae and Freddie Mac surged in premarket trading Monday after the Federal Reserve and Treasury Department announced plans to lend money and expand credit for the mortgage finance companies, if they need it. http://www.ibtimes.com/articles/20080714/ahead-of-the-bell-fannie-and-freddie-climb.htm Mon, 14 Jul 2008 09:00:03 EDT Payday lenders such as Advance America Cash Advance Centers Inc. and QC Holdings Inc. run the risk being shut out of providing the loans nationwide, according to an analyst who says the companies' stock prices don't currently reflect that possibility. http://www.ibtimes.com/articles/20080603/payday-lenders-shares-may-be-at-risk.htm Tue, 03 Jun 2008 15:58:31 EDT Mortgage Lenders Network USA Inc. says its needs more time to negotiate a Chapter 11 plan so it can work out a deal with its largest secured creditor, GMAC's Residential Funding Co. http://www.ibtimes.com/articles/20080516/mortgage-lenders-seeks-more-time-to-negotiate-plan.htm Fri, 16 May 2008 17:55:03 EDT Shares of payday lenders barely budged Thursday after Ohio passed a law making the business tougher in the state. Analysts said the market had already anticipated the law would pass, and the stock prices assumed little or no profit in the state from payday lending in the future. http://www.ibtimes.com/articles/20080515/sector-snap-payday-lenders.htm Thu, 15 May 2008 15:52:33 EDT Clear Channel Communications Inc. and the banks that agreed to finance its highly leveraged buy-out were able to enter into a settlement agreement ending lawsuit proceedings previously filed in New York State Supreme Court and Bexar County District Court. http://www.ibtimes.com/articles/20080514/clear-channel-lenders-suitors-lawuit-merger.htm Wed, 14 May 2008 16:26:48 EDT Shares of student lenders rose Friday, a day after Congress gave final approval to legislation that would lift limits on federally subsidized student loans. http://www.ibtimes.com/articles/20080502/sector-snap-student-lenders-rise-on-loan-limit-bill-passage.htm Fri, 02 May 2008 13:01:16 EDT