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 ...
During the months' long debate over HB 123, Ohio's payday lenders have said that stores will shutter and access to credit that low-income Ohioans desperately need will shrink if it became law. That ...
Over the years, much has been written and said about the payday lending industry. The industry has been widely criticized by consumer advocacy organizations and politicians. The Consumer Financial ...
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 ...
It’s a cycle that seems to repeat itself every legislative session in California. Advocates put forward a bill to curb the predatory practices of payday lenders. Then industry lobbyists squelch the ...
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 ...