Saturday, May 25 2013 11:37 PM EDT2013-05-26 03:37:45 GMT
Albany Panther's first ever beer fest just wrapped up tonight. For 25 bucks beer lovers sampled more than 20 types of beer at the Civic Center and there was plenty of entertainment. Musical acts, suchMore >>
Albany Panther's held their first ever beer fest Saturday night. More >>
Saturday, May 25 2013 11:33 PM EDT2013-05-26 03:33:38 GMT
Albany Police held a gospel concert to raise money for their annual community picnic event. Musical artists from around south Georgia performed at the Albany Municipal Auditorium Saturday afternoon.More >>
Albany Police held a gospel concert to raise money for their annual community picnic event.More >>
Saturday, May 25 2013 10:30 PM EDT2013-05-26 02:30:39 GMT
A Turner County man is now in custody after he had a standoff with deputies for about two hours Saturday evening. Sheriff Andy Hester says deputies were called to the home of Ricky Nelson on CoverdaleMore >>
A man had a standoff with Turner County deputies for about two hours Saturday evening.More >>
Saturday, May 25 2013 6:27 PM EDT2013-05-25 22:27:57 GMT
Supporters of a 6-year-old Albany boy battling a serious brain disorder are coming together once more to help with his medical bills. This time, with a Vegas style event. This may seem like a regularMore >>
Supporters of a 6-year-old Albany boy battling a serious brain disorder are coming together once more to help with his medical bills. This time, with a Vegas style event.More >>
Saturday, May 25 2013 4:52 PM EDT2013-05-25 20:52:02 GMT
A woman is recovering after her SUV was struck by another vehicle, flipping it several times. It happened around 3:15pm Saturday, near the 1500 block of U.S. Highway 19. Officials say John Earley wasMore >>
A woman is recovering after her SUV was struck by another vehicle, flipping it several times.More >>
December 21, 2005
Bainbridge-- Payday lending companies "Money Now" and "First Cash Title Pawn" are on trial for violating a loan law adopted last year. If they're found guilty, they could have to shut down permanently.
Five payday loan companies have voluntarily shut down in Bainbridge, and two are in court fighting to keep from being closed. "The customer or consumer would go in there and take a loan out for $100 and end up paying four or five hundred dollars on that $100 dollar loan," said District Attorney Joe Mulholland.
The D. A. is prosecuting the two companies. He says the interest "rollover" violates the payday lending act. "The point the legislators wanted to make was that they're going to protect the individuals in the lower income households, the people who were in dire need of these loans."
Established in July 2004, the law says: It is illegal to charge more than 16 percent interest annually for any loan under three thousand dollars.
Mulholland says the two companies on trial, Money Now, and First Cash Title Pawn, tried getting around that by using sham considerations. "They'll say they're giving a rebate, or an option, or they're giving a gift certificate, when, in fact, there's no gift to be got."
A last ditch effort by the companies while they argue their side in court. "The main crux of the argument seems to be the constitutionality of the statute."
A decision the judge is expected to make by March. Authorities had also investigated the First American Cash Advance branch in Bainbridge, but it was found to be in compliance with the law.