Payday loans - small, short-term consumer loans typically used by people who don't have access to other forms of credit - are expensive and closely regulated by most states. In Oklahoma, state law ...

SACRAMENTO — California business regulators are stumbling in their efforts to find and ban an unlicensed form of high-interest consumer credit: payday loans available on the Internet. For three years, ...

RICHMOND, Va. (WRIC) — The federal court in Richmond gave preliminary approval to a class-action settlement that would provide $489 million of relief to victims of illegal internet loans. The ruling ...

A payday loan is a short-term loan where money is lent based on the borrower’s earnings and other relevant information. A payday loan is paid off as a portion of the borrower’s next pay, hence the ...

The Senate voted Monday morning to crack down on out-of-state Internet payday and car title lenders operating in Oregon by limiting the annual interest rate they charge to 36 percent. House Bill 2203 ...

BOSTON – An Internet-based payday lending company accused of selling loans at up to 600 percent interest in violation of Massachusetts law will no longer be able to do business in the state under ...

Associated Press BOSTON - Massachusetts is ordering 95 companies to stop marketing Internet payday loans. A payday loan is short-term, high-rate personal loan. In exchange for the loan, a borrower ...

The Commonwealth Court has ruled that an out-of-state lender that issues payday loans to Pennsylvanians via the Internet without a license is in violation of state law. A deeply divided en banc panel ...

Waco residents should be wary of telephone callers claiming to be collecting delinquent payday loans, local authorities say. The callers often claim to be from the Federal Bureau of Investigation, the ...

WASHINGTON - The payday loan industry, threatened by Congress with extinction, has deployed well-connected lobbyists and hefty sums of campaign cash to key lawmakers to save itself. The strategy has ...

In a blog posted yesterday, David Graff, the director of global product policy, announced the internet giant will ban adverts featuring high-interest short-term lenders from July. The move was in ...