APR

Payday loans can wreak havoc on a person's financial life. These loans carry sky-high APRs and the penalties for late or missed payments can be extreme. Many consumers, who turned to payday lenders in a time of need, later find themselves worse off than when they started. In this series,...

Not long ago, DailyFinance's Hugh Collins -- a 28-year-old, Belfast-born U.S. resident -- had yet to experience a truly American phenomenon: owning a credit card. Once he finally secured one, though, he quickly discovered the immense power, allure -- and danger -- of plastic.

It's the latest credit card nightmare, but unfortunately, we aren't dreaming. If you've received a credit card statement that says your actual APR is 703% or some other ungodly number, it's true. Thanks to the new truth in lending laws that stem from the Credit CARD Act of 2009 that was passed...

MySpace and Citi have teamed up to turn users of the ad strewn social networking site into a new generation of Citi controlled citizens. Generation Forward, as they are being called, are invited by Citi and MySpace to get a new kind of credit card, one that has its own manifesto, and also rewards...