paydaylending

In the last year, there has been a lot of movement afoot in state governments to either quash payday lending establishments or at least force them to bring down their interest rates. Here's a quick snapshot of how things are going -- or not going.California: Earlier this month, just as legislators...

Admitting that I took out a payday lending loan isn't exactly something I'm proud of. I imagine it ranks down there with confessing to friends that you took your sister to the prom.But since I'm admitting I became a payday loan customer earlier this year, I thought I'd give everyone a sense of what...

This post is part of a series about real-life signs we're in a recession. The good news about the recession is that there are bargains to be had for the adventurous shopper. The bad news is that many people are not able to afford them.Times are tough and the economy is slowing. The National...

During my blogging "career", I've found myself defending the payday lending industry on more than one occasion. I don't do it because I think payday lenders are good for consumers but rather because there's a widely-held assumption that the industry is earning huge profits at the expense of...