Subprime Loan Impact (US News & World Report)

"Nightmare on Main Street" [March 10] missed the point about the skyrocketing increase of home prices since the beginning of this decade, which was caused more by the Fed's continuous rate cuts than by the rampant and reckless release of subprime loans..

Bill would cap interest on title loans (The Wichita Eagle)

Capping interest on car-title loans would help prevent people from getting trapped in "a downward spiral" of debt, supporters of a measure told lawmakers Wednesday. But House Bill 2245 is unnecessary, title loan supporters told the House Federal and State Affairs Committee. The short-term loans provide people with a needed option for money and aren't "predatory loans," they added. "I don't ...