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 ...
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 ...
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, ...
This is an archived article and the information in the article may be outdated.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 ...
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 ...
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 ...
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 ...
There have been lots of not-so-nice adjectives directed at the payday loan industry. Add "sinful" to the list, according to a 2016 survey from LifeWay Research sponsored by Faith for Just Lending. The ...
Google has announced that on July 13, their search engine will ban all ads related to payday loans. These loans often have triple digit interest rates and the search engine company has added them to ...