More banks are offering customers small-dollar installment loans or lines of credit at lower costs than nonbanks as alternatives such as payday lenders fall out of favor with regulators. Financial ...

In March, the CFPB issued a special edition of its Supervisory Highlights, “Supervisory Highlights: Junk Fees Special Edition,” scrutinizing “exploitative fees charged by banks and financial companies ...

Small dollar loans are personal loans offered by select financial institutions for amounts up to $2,500, and are repaid in equal periodic payments. Only institutions that meet the federal and state ...

Decide how much money you need before applying and ensure you're comfortable with the payment. You may qualify based on your banking activity rather than your credit score. Small-dollar loans are a ...

Explore your debt relief options and find the right path out of debt now.

During the 2008 presidential campaign, Barack Obama promised to "cap outlandish interest rates on payday loans and to improve disclosure" of the short-term, high-interest loans. After years of ...

(NNPA) – New research from the Center for Responsible Lending has found payday lenders are nearly eight times more concentrated in California’s Black and Latino neighborhoods as compared to White ...

Wells Fargo, which operates more than 4,700 branches throughout the U.S., has rolled out a small-dollar loan program that offers instant, automated loans received in minutes and with a fraction of the ...

Far too many Americans live paycheck to paycheck. For most the cause is just overspending and too little saving, but others struggle simply to earn enough to survive. Unfortunately, it is the latter ...

Michigan stands at a crossroads as it considers capping interest rates on payday loans at 36%. Senate bill 632 has already passed the Senate with bi-partisan support, and this bill and its companion, ...