A push to regulate payday loans in Michigan is picking up steam as lawmakers say the practice preys on disadvantaged communities. According to Attorney General Dana Nessel’s Consumer Protection team, ...

The holidays are coming, and many financially strapped families are considering how to responsibly manage their use of credit while still enjoying seasonal gatherings, presents, ...

The payday loan industry is known for preying on people. People get caught in debt when they use payday loans; they are not able to pay off the principal amount let alone the interest. “When people ...

When Pam Sanson needed a quick $300 to pay the bills, she never expected her decision would cost her more than $900 in interest in just six months. Such "payday loans" with exorbitant interest rates - ...

The CFPB has released the Winter 2020 edition of its Supervisory Highlights. The report discusses the Bureau’s examinations findings in the areas of debt collection, mortgage servicing, payday lending ...

Patrick Rosenstiel’s recent Community Voices essay stated that interest-rate cap policies would create a less diverse, less inclusive economy. He indicates that “consumers who turn to small-dollar ...

According to the government’s numbers, prices are climbing for many essentials like housing, food and electricity. When money is tight, payday and title loans may seem like a lifeline, but some ...

Advocates push for legislation that would crack down on traditional payday lenders, who in Rhode Island are allowed to charge triple-digit interest rates and fees that cause debt to spiral. Payday ...

Every one of the East Valley's 100-plus payday loan stores will lose its authority to operate on June 30 - but the shops and their flashy neon signs may be here to stay. Valley activists who wanted ...

Arizona is home to more than 550,000 small businesses, each affected in different ways by the novel coronavirus pandemic. The recent surge in COVID-19 cases demonstrates that the virus knows no ...