In today's high-cost, high-stress economy, it can be tempting to turn to your short-term borrowing options, like credit cards and payday loans, just to stay afloat between paychecks. But while payday ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Because payday loans are relatively easy to get, they can also feel like a surefire solution to an urgent financial problem, says Anne Leland Clark, executive director of Exodus Lending, a nonprofit ...

A debt consolidation loan can help you streamline credit cards and other high-interest debt, but access to the lowest rates ...

Sabrina Leonard’s life has grown more difficult over the past two years. The 49-year-old Spring Hill, Kansas, resident has watched her rent, utilities and grocery bills steadily rise while her ...

People often use payday loans to cover everyday expenses in between pay cheques, but it can quickly become a “vicious cycle.” ...

A recent Reddit post detailing a devastating financial situation sheds light on the crushing reality of the payday loan cycle. A Reddit user who filed a consumer proposal to reset their finances ...