Thanks to a bevy of unflattering media reports, there are probably few industries as vilified as the payday loan industry. Still, those who provide small, short-term loans offer a valuable service, ...

Randy Hutchinson is the president of the Better Business Bureau of the Mid-South. If you have to borrow money to fix your car so you can get to work and have no alternative but to take out a payday or ...

MoneyMutual’s Updated Borrower Support Program now includes an expanded library of financial education materials. These ...

The prosperous delayed-deposit business has blossomed in Iowa and Illinois during the last eight years and representatives say criticism of their service is unwarranted. The industry doesn't hide the ...

LANSING — Michigan would limit interest and fees on payday loans under bipartisan legislation that supporters say would crack down on an industry that traps low-income residents in cycles of debt and ...

A Henderson city councilman’s payday loan business is under scrutiny in federal court, after two class action lawsuits alleged its lending license through a Native American tribe helped it offer loans ...

The payday loan business is pretty simple. Clients generally pay a fee of $15 per $100 for a two-week loan. At EZ Money, the fee is $15 for $100, $25 for $200 and $35 for $300. For one-month loans, ...

We might earn a commission if you make a purchase through one of the links. McClatchy's Commerce Content team, which is independent from our newsroom, oversees this content. Small payday loans online ...

Payday lenders have a lot in common with pawn shops, their close cousins: They depend on lending money to desperate people living close to the edge with nowhere else to turn. They first surfaced about ...

NEW YORK -- Professional racecar driver Scott Tucker and his former lawyer were found guilty in federal court in New York on Friday of preying on vulnerable borrowers through a $2 billion payday loan ...

LANSING — Payday lenders would face much tighter caps on the interest and fees they charge for small loans under legislation that took an initial step forward Wednesday over objections that it would ...