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MONTGOMERY, Ala. (WSFA) - Remarkably high interest rates charged by payday loan companies have been an issue in Alabama for years. Payday lenders make promises like “cash quick” or “easy money” each ...
Advocates push for legislation that would crack down on traditional payday lenders, who in Rhode Island are allowed to charge triple-digit interest rates and fees that cause debt to spiral. Payday ...
Jessica Vega was driving one day when she got a massive headache that ran all the way down her shoulders and spine. "I was just shaking," she recalled. "Because I was so stressed out with everything." ...
SEATTLE -- Payday loans are safer than than they used to be. Regulations adopted in Washington and other state have cut back on predatory practices that can turn a loan for several hundred dollars ...
Often a quick fix — such as payday loans, BNPL or cash advances — is more expensive than other options to make up for lost income during the shutdown.
Trevor Storrs’s recent op-ed (“Predatory lending in disguise — the truth about payday loans in Alaska”) repeats the familiar talking points: payday loans are “seawater to the thirsty,” caps at 36% are ...
The writer of "Payday lending: Solution in search of a problem" attempts to defend these lenders, whose products in Ohio typically carry annual percentage rates of nearly 600 percent! That means ...
If you've ever taken out a payday loan, you know how quickly things can spiral with this type of debt. After all, these types of loans, which are marketed as a quick fix between paychecks, come with ...
The Cantrell administration says it will have "problems" paying city employees after this month, citing a "perfect storm" of ...