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On the brink of new regulations payday loan centers are shutting

Herald and News - Melissa Johnson manages the Sawbucks on South Sixth Street at Shasta Way. It is the only remaining Sawbucks in Klamath Falls. July 15, 2007 Sawbucks closed two of its three Klamath Falls locations in anticipation of the new state regulations that cap ...

Source: http://search.msn.com:80/news/results.aspx?q=payday
 

A payday loan or paycheck advance is a small, short-term loan (typically up to $1,500 in the U.S.) that is intended to bridge the borrower's cash flow gap between paydays.