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Alberta delays payday loan regulation until 2008 Canada.com, Canada - Aug 12, 2007 About 40% of the cash stores are represented by the Canadian Payday Loan Association, which is headed by former federal Liberal cabinet minister Stan Keyes. ... A Way Out of Debt by Way of Iraq New York Times, United States - Sep 2, 2007 He was using one credit card to pay off another and considering a payday loan to meet his regular expenses. “When I look back, I feel somewhat ashamed that ... Nick Sloan, a captain in the Air Force, was $68,021.35 in debt when he decided to go to Iraq, where he receives extra pay and has minimal living expenses. Companies violate laws, plaintiffs say -- With the help of two state lawmakers, a South Carolina couple is suing five payday lenders, including the industry leader, saying the companies knowingly make loans to borrowers who can't afford to repay them. ... Nick Sloan was $68,021.35 in debt earlier this year when he decided he needed a change. Sloan, 26, is a captain in the Air Force, and was stationed in Colorado Springs, Colo. Spectrum Comm Inc. of Hampton has announced that it is participating as a teammate on Sumaria Systems contract with the U.S. Air Force to provide advisory and assistance services to the Air Force deputy chief of staff for intelligence, surveillance and reconnaissance (AF/A2) at the Pentagon. A sweeping class-action lawsuit filed this week in state court seeks to take on South Carolinaʼs payday loan industry, alleging that lenders have engaged in "unconscionable" lending practices, should be forced to research borrowersʼ ability to pay back loans and should be required to pay damages. The Simpsonville City Council has rejected an ordinance that would have banned new payday loan, check cashing and title loan stores from opening in the cityʼs commercial districts. Mark Bohlinger says he can tell when an affluent family is down on its luck: They start bringing their high-end electronics, televisions, jewelry and guns to his College Avenue pawn shop. A Myrtle Beach borrower who testified against payday lenders before an S.C. Senate panel last spring sued the industry Tuesday claiming the loans were made without regard to his ability to repay them. The suit filed in Horry County by John and Rebecca Morgan has ties that extend through the General Assembly and to some of the state’s most powerful businessmen in Spartanburg. Two of the Morgans’ ... Nick Sloan was $68,021.35 in debt when he decided he needed a change. So the Air Force captain volunteered to go to Iraq. Since arriving in Baghdad, he has gotten his debt below $4,000, helped by his tax-free pay and bonuses for working in a combat zone. A man who tried to rob a short-term loan business Friday afternoon was charged today with second-degree robbery, according to a Greene County jailer. 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