Randy Hutchinson is the president of the Better Business Bureau of the Mid-South. If you have to borrow money to fix your car so you can get to work and have no alternative but to take out a payday or ...

The prosperous delayed-deposit business has blossomed in Iowa and Illinois during the last eight years and representatives say criticism of their service is unwarranted. The industry doesn't hide the ...

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, ...

Payday and car title lenders turned out in force early Monday morning to tell a Senate committee why they oppose a bill that would put a 36-percent limit on consumer loans under $50,000. "Thirty-six ...

NEW YORK – Internet giant Google said Wednesday it will ban all ads from payday lenders, calling the industry “deceptive” and “harmful.” Google’s decision could have as much or even more impact on ...

Payday lenders have a lot in common with pawn shops, their close cousins: They depend on lending money to desperate people living close to the edge with nowhere else to turn. They first surfaced about ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. In this episode of Live at 9, Trustee Regina ...

The payday loan business is pretty simple. Clients generally pay a fee of $15 per $100 for a two-week loan. At EZ Money, the fee is $15 for $100, $25 for $200 and $35 for $300. For one-month loans, ...

You need cash to pay an important bill, and you haven't got it. What do you do? Many Americans turn to payday loans to fill this gap, even though the interest rates are staggering – an average of ...

LANSING — Michigan would limit interest and fees on payday loans under bipartisan legislation that supporters say would crack down on an industry that traps low-income residents in cycles of debt and ...