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.

Nearly 200 consumer groups warn that proposed legislation would gut protections against predatory payday loan apps The bill ...

According to a 2023 report from the Center for Responsible Lending (CRL), 27 states across the country allow payday lending companies to issue single-payment loans with triple-digit interest rates. In ...

SHREVEPORT, La. (KTAL/KMSS) – Six years ago, a group of Shreveport churches started a program to help people in the Highland neighborhood escape payday loan debt. Since then, the Hand Up loan program ...

Payday loans widely condemned as predatory are still freely available in Texas — for a staggeringly steep price — even as a new state law will block cities from adopting new ordinances addressing the ...

(NerdWallet) – When Minnesota resident Sherry Shannon was short on cash after her car broke down in 2013, she turned to a storefront payday lender for a $140 loan. She remembers the process as quick ...

Half of Americans can't afford an unexpected expense, so what happens when they need a car repair or their job sends them home early for a week? For millions, the answer is often a high-cost payday ...

A new Pima County law should rein in payday-loan businesses by limiting where they can locate. The Board of Supervisors unanimously approved restrictions on where payday-loan shops can open Tuesday as ...

The booming payday loan business has triggered a backlash in the East Valley as neighborhood groups and some elected officials are scrambling to slow the industry’s growth. Payday loan stores have ...

Critics of high-interest payday loans are asking voters to put the industry out of business this year through an initiative petition drive that aims for the November general election. They claim ...

PHOENIX — Arizona's major utility companies have ended a longtime practice of allowing customers to drop off electric and gas payments at payday-loan centers. Southwest Gas, Tucson Electric Power and ...