Sen. Donald McEachin and Del. David Yancey discussed at a press conference Thursday their goal of minimizing payday lending in Virginia despite failed legislation that would have further restricted ...

The heads of major U.S. banks on Wednesday expressed tentative support for a federal interest rate cap on consumer loans, which would likely include payday and auto title loans. During a Wednesday ...

PROVIDENCE, R.I. (WPRI) — Payday lending reform is currently on track to clear the R.I. General Assembly, which would lower the interest rate that lenders are allowed to charge borrowers. Rhode Island ...

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Bad credit sucks. I know the feeling of needing cash fast and hitting brick walls. You face unexpected expenses, bills piling up, and traditional lenders slamming doors in your face. It’s frustrating.

Before his retirement as a personal financial adviser, Woody Perkins said he saw firsthand what he considered the worst aspect of payday lending. “You’re using next week’s income to live this week,” ...