MIAMI (AP) — The owner of a Miami-based payday loan company bilked hundreds of investors out of millions of dollars and repaid others with money he acquired from a Ponzi scheme, according to a ...

The Securities and Exchange Commission has filed suit against a payday loan company and its owner alleging that millions of dollars was stolen from its investors. Miami-based Sky Group USA, which is ...

HARTFORD, Conn. (AP) — In his run for Connecticut governor, Republican businessman Bob Stefanowski touts his stints with blue-chip companies like General Electric and UBS Investment Bank. But the role ...

On Election Day last month, more than four out of five Nebraska voters approved a ballot initiative that would cap interest rates on short-term, ultra-high-interest payday loans at 36 percent. The ...

Travis Holoway, the CEO and cofounder of SoLo Funds, says his startup isn’t just a quick way to take out a small, short-term loan. It’s the start of something bigger. The startup, which raised $10 ...

It sounds like a dream come true: getting a loan that you never have to pay back. But that’s exactly what’s happened to thousands of customers England after a payday lender went bust and wiped all of ...

Chana Schoenberger (00:10): From American Banker, I'm Chana Schoenberger and this is Bankshot, a podcast about banks, finance, and the world we live in. If you go to work every day, why don't you get ...

The Illinois Department of Financial and Professional Regulation issued an order Wednesday to stop a payday loan company from doing business in the state. Global Payday Loan, LLC, which does business ...

EZCorp Inc. could close a big chunk of its business if Texas legislators adopt stricter regulations on short-term payday loan activities in the upcoming legislative session, a fear the company ...

Wasatch Constables, the company identified in ProPublica’s high-interest loan story as providing bailiff and warrant services, is partly owned by and, until recently, employed as an executive officer, ...