In 2017, the federal government was poised to give low-income consumers a respite from the myriad abuses and rip-offs visited on them by the payday lending industry. The Consumer Financial Protection ...
Hang on tight to your money belts, payday lenders. The legislative ground seems to be shifting beneath you in the Ohio House and could end up swallowing you whole. The days of sky-high annual percent ...
I read with great concern Jamie Frauenberg's April 4 letter to the editor defending an APR of 391 percent on payday loans. First, the idea that payday loans prevent bankruptcy doesn't even pass the ...
When Jessica Vega landed her first job out of college as a case manager for a nonprofit organization, money was tight. But she was excited to move out of her mother’s house and into an apartment of ...
When money's tight, taking out a payday loan can feel like an easy fix, especially if you're dealing with some credit issues. After all, payday loans are quick, easy to get and generally don't require ...
Payday loans can trap millions of people in expensive debt cycles, even as economic conditions improve. With many Americans living paycheck to paycheck, these high-cost loans offer quick cash when ...
Colin Beresford is a writer and editor experienced in helping people make the best decisions with their money, whether it's buying a car or taking on a loan. He has written for Bloomberg, The ...
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