As a part of the Defense Reauthorization Bill of 2007, Senators Jim Talent, R-Mo., and Bill Nelson, D-Fl, introduced a bipartisan amendment that caps interest rates for all loans to service members ...

The Center for Responsible Lending has released a policy brief showing that app-based payday lenders are exploiting underpaid workers with usurious loans, and that Buy Now, Pay Later (BNPL) and Earned ...

According to a 2023 report from the Center for Responsible Lending (CRL), 27 states across the country allow payday lending companies to issue single-payment loans with triple-digit interest rates. In ...

Payday loans end up being very costly for families, particularly minorities and those of low income, writes Raul Arce-Contreras. A Dollarwise payday loan store is seen in Kent, WA. Payday loans end up ...

This article explores payday loans, including how they work, their pros and cons, and viable alternatives. Whether you’re considering a payday loan or simply looking to improve your financial literacy ...

A payday loan is a short-term, high-cost loan meant to be repaid on your next payday. Payday loans are easily available if you’re 18 or older, have a valid ID, a bank account and proof of income.

A recent academic study found payday lending targets Black and Latino communities. Mississippi residents who take financial literacy course can obtain low-interest loans. Payday loan industry says ...

Payday loans look like an easy answer to a real cash shortage. but their costs can skyrocket quickly. One woman tells her ...

“It was horrible. I wouldn’t say I felt like a failure, but I just felt like I could not do things right,” said Hunter, 46, of Grand Rapids. “I was just trying to figure out – what am I doing wrong?” ...

Dori Zinn has been a personal finance journalist for more than a decade. Aside from her work for Forbes, her bylines have appeared on CNET, Yahoo! Finance, New York Times, Quartz, Inc. and more. She ...