NEW YORK – Payday and auto title lenders will have to adhere to stricter rules that could significantly curtail their business under rules finalized Thursday by a federal regulator. But the first ...

Key market opportunities include increasing demand for short-term credit due to rising living costs, growth in digital platform adoption, AI-driven risk assessment, and alternative credit models.

The Springfield News-Sun has tracked the debate over the payday loan industry and its affects on residents for several years, including stories digging into the fees and new laws. Fees charged by the ...

The payday-loan industry, which argues that it provides viable credit options to people who need them, has formed a political action committee to try to convince the public that such concerns are ...

Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing, and the impact of technology on contemporary arts and culture.

COLUMBIA, S.C. — Soft music plays in the background of a new TV ad campaign as it urges viewers to use payday loans only for emergencies. One scene shows a broken-down car. Another depicts a boy in a ...

PHOENIX — Convinced the payday-loan industry can't be properly regulated, a veteran state legislator is launching an initiative drive to drive it out of the state. The ballot proposal by Rep. Marian ...

(NNPA) – New research from the Center for Responsible Lending has found payday lenders are nearly eight times more concentrated in California’s Black and Latino neighborhoods as compared to White ...

Right now in America, millions of consumers are considered “distressed borrowers.” These are people who can’t qualify for a credit card, get a mortgage to buy a home or take out an affordable personal ...

Rarely have I seen such a distortion of a situation as in the defense of payday loans (“Payday loan industry a necessity, not an evil,” Sun News, March 4.) And I do know a family who has been involved ...