Our newsletter catches you up with all the business stories that are shaping Charleston and South Carolina every Monday and Thursday at noon. Get ahead with us - it's free. SPARTANBURG — Payday lender ...
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.
Payday lenders won a major victory on Wednesday after the Consumer Financial Protection Bureau moved to gut tougher restrictions that were to take effect later this year. The industry has spent years ...
The Consumer Financial Protection Bureau’s new rules for payday loans and car-title loans have drawn the predictable cries of outrage from lenders, particularly small storefront operators who say the ...
Colin Beresford is a writer and editor experienced in helping people make the best decisions with their money, whether it's buying a car or taking on a loan. He has written for Bloomberg, The ...
With bills mounting, mechanic Norman Jacko reluctantly turned to a payday lender for relief. "If I had a choice, I wouldn't do it," the 50-year-old said, as he signed off on a second loan in as many ...
Reporting from Washington — The nation’s top consumer financial watchdog on Thursday issued tough nationwide regulations on payday and other short-term loans, aiming to prevent lenders from taking ...
Congress and the Trump administration have done an excellent job of shaking up the Consumer Financial Protection Bureau (CFPB). Acting Director Mick Mulvaney has approached the job as if it were a ...