SPRINGFIELD -- On average, Illinois payday loan businesses charge a 520 percent interest rate, but one state senator has introduced legislation to cap that at 36 percent. Advocates for the industry, ...

A new state law that takes effect Tuesday puts new restrictions on payday loans to prevent people from being gouged by high fees and costs. Here is a look at the new rules, according to information ...

Glendale, CA, Sept. 12, 2025 (GLOBE NEWSWIRE) -- RadCred, a U.S.-based AI loan-matching platform, today announced its enhanced loan matching system to meet growing consumer demand for $500 payday ...

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SPRINGFIELD, Ill. (NEXSTAR) — Lawmakers celebrated the one-year anniversary of the passage of the Predatory Loan Prevention Act (PLPA) on Wednesday. The PLPA sets a legal maximum interest rate for ...

Could there be unintended consequences to ending the payday loan industry in Illinois? Legislation awaiting the governor’s signature could shut down the payday lending industry in Illinois, but payday ...

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The banner ad atop the website features a wide-eyed baby cradled in an adult’s hands with the words, “Did that special vacation for two end up producing a third? Castle Payday has life’s unexpected ...

Glendale, CA, Oct. 13, 2025 (GLOBE NEWSWIRE) -- RadCred, a leading AI-powered loan matching platform, today announced the nationwide launch of its online payday loan solution for borrowers with poor ...

Major banks have quickly become behind-the-scenes allies of Internet-based payday lenders that offer short-term loans with interest rates sometimes exceeding 500 percent. With 15 states banning payday ...