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 ...
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 ...
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 ...
Following a Supreme Court ruling in May, the federal government is expected to get tougher on regulating payday lenders and other firms that offer high-interest, short-term loans. This type of lending ...
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 ...
Payday loans are predatory and always a bad idea, and programs that advance you a portion of paycheck aren’t much better. So it’s no wonder that so many people find themselves scrambling for cash—and ...
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