Two online payday lending companies linked to a professional racecar driver have agreed to pay a record $21 million to resolve charges by U.S. regulators that they engaged in deceptive practices, the ...

Our newsletter catches you up with all the business stories that are shaping Charleston and South Carolina every Monday and Thursday at noon. Get ahead with us - it's free. For many consumers, the ...

Half of online borrowers are charged an average of $185 in bank penalties. One third of online borrowers hit with a bank penalty wind up losing their account. Repeated debit attempts typically fail to ...

The financial world is facing significant negative changes. On another hand, many companies are forced to let go of millions of workers. But even having a regular job often can’t cover every expense.

The Attorney General for the State of New York announced that it reached a settlement agreement with several online payday lenders for alleged violations of New York’s usury and licensed lenders laws.

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Websites that offer short-term, high-interest loans to consumers continue to draw the attention of regulators, with New York state authorities issuing 16 subpoenas recently, according to the New York ...

High-cost online lenders have long had a target on their backs, and there are finally signs that efforts to crack down on the industry are paying off. The most recent example is a Dec. 22 decision by ...