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RSS Payday Loan News

  • A Consumer Bill Gives Exemption on Payday Loans March 8, 2010
    Senator Bob Corker wants a proposed bank agency to be more lenient toward nonbank companies, but some advocates say that would hurt consumers. […]
  • The Places They Go When Banks Say No January 30, 2010
    As traditional banks have spurned small businesses, many have turned to firms that provide a relatively expensive alternative: purchase-order financing. […]
  • These Rates Would Shock a Loan Shark November 24, 2009
    At consumer debt court, high interest rates are the norm, but they are not illegal. That could change, though, if a new effort bears fruit. […]
  • Banks Balk at Agency Meant to Aid Consumers June 30, 2009
    The administration’s proposal for the new agency marks the first shot in a battle over how to regulate home mortgages, credit cards and other forms of lending. […]
  • Pay Pals June 9, 2009
    Senator Christopher Dodd should go after, not cozy up to, the payday-loan industry for its egregious exploitation of people’s desperation. […]