Debt falls on a spectrum. Mortgages and student loans can build long-term value, while high-interest credit cards and payday ...
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, ...
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 ...
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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 ...
Credit counselors say North Texas families in financial distress often turn to emergency loans, including payday and title loans, only to find that short-term lenders are often unwilling to help them ...
Petersburg is working to pass more regulations on potentially predatory short-term loan establishments in the city, including payday loan businesses. On Dec. 17, Petersburg's city council will hold a ...