WASHINGTON — Payday loans, for years a fixture in poor, working-class neighborhoods, are increasingly being offered by local banks and employee credit unions — triggering concerns by consumer groups ...

Rita Benson, a married mother of two from Florissant, knows the drill at payday loan shops. "I've had several different loans," she said. "A lot of it was just emergency stuff - my car broke down and ...

Christian Allred has been a professional writer since 2020. He's written for some of the industry’s top brands and publications, including Rocket Mortgage, PropStream, Propmodo, and CRE Daily.

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 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, ...

Payday lenders took in $2.4 billion in fees from cash-strapped consumers in a single year, a report from the Center for Responsible Lending (CRL) finds. In brief ... Texas the largest offender: Texas ...