More banks are offering customers small-dollar installment loans or lines of credit at lower costs than nonbanks as alternatives such as payday lenders fall out of favor with regulators. Financial ...

Following a Supreme Court ruling in May, the federal government is expected to get tougher on regulating payday lenders and other firms that offer high-interest, short-term loans. This type of lending ...

A payday loan provides fast access to funds when timing matters. In a real emergency, that speed protects stability. It keeps ...

ORLANDO, Fla. – “Need money NOW?” “Instant cash!” “No credit check!” Not too long ago, your average payday lender was a strip mall storefront wedged between businesses like a laundromat, a pizzeria, a ...

Payday loans seem like a convenient way to get some extra cash when you need it most before your next check arrives, but that convenience could come at a higher cost than you anticipated. These loans ...

Dori Zinn has been a personal finance journalist for more than a decade. Aside from her work for Forbes, her bylines have appeared on CNET, Yahoo! Finance, New York Times, Quartz, Inc. and more. She ...

Ohioans have saved over $300 million in fees and interest since April 27, 2019, when the final parts of the law went into effect, according to an analysis of Ohio Department of Commerce data conducted ...

How payday loans work Payday loans are short-term, small-dollar loans typically capped at $500. They're considered high-interest because of their fee structure. A typical two-week $100 payday loan ...

Michigan stands at a crossroads as it considers capping interest rates on payday loans at 36%. Senate bill 632 has already passed the Senate with bi-partisan support, and this bill and its companion, ...

Payday loans were a hassle for Tanya Sims. The mid-50s Memphis resident’s only source of income is her monthly Social Security check. Sometimes when she tried to repay a loan before the due date, the ...