payday loans

Predatory Lenders Put U.S. Soldiers in the Crosshairs

Members of America's military face threats around the world every day, but it's a domestic threat that has the top brass on the offensive on the home front -- predatory lenders. Here's how the Department of Defense is fighting back.

How 'Short-Term' Payday Loans Cause Long-Term Woes

A new report from the Center for Responsible Lending paints a seriously depressing picture of the damage the payday loan industry wreaks on its customers. What's worse is that the report actually understates the grim reality facing payday borrowers today.

10 dumb reasons to take out a loan

Going to a bank for a personal loan for plastic surgery, overextending a credit card to buy Christmas gifts, and borrowing from a 401k retirement...

Arkansas sues online payday lender

Even after it was determined payday lending was unconstitutional in Arkansas, two companies allegedly couldn't resist marketing the high-interest...

America's Thriving Poverty Business

Business is booming for companies that reap profits from the growing number of Americans with their backs to the financial wall. Former New York Times reporter Gary Rivlin's new book Broke, USA dives into the world of pawnshops, payday lenders and the rest of the "poverty business."

Payday loan scam surfaces in Ohio

Phony debt collectors are harassing Ohioans for repayment of payday loans consumers never borrowed, the Ohio Attorney General is warning. The...