Resorting to the mobile phone for a quick injection of cash is on the rise as more online lenders join the market, a trend likely to lead more Australians into a spiral of debt, says QUT poverty ...
TALLAPOOSA COUNTY, Ala. (WSFA) - It’s a flourishing industry in Alabama that some people say is making its money off the backs of people with limited means. Payday loan companies advertise easy and ...
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 ...
Predatory payday lending disproportionately affects the safety and economic security of low-income communities and domestic violence survivors. Predatory payday and deposit advance lending is a major ...
A payday loan is a short-term, high-cost loan meant to be repaid on your next payday. Payday loans are easily available if you’re 18 or older, have a valid ID, a bank account and proof of income.
The Indiana House approved a bill that would allow payday lenders to loan up to $5,000 at rates as high as 149%. Such loans would be considered felony loan sharking under current Indiana law. Payday ...
Lawmakers in the Michigan Senate passed legislation Thursday to set a 36% annual percentage rate cap on payday loans. The vote follows previous legislative attempts that went nowhere and a voter-led ...
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