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Supreme Court weakened key consumer protections with ruling in favor of payday loan companies / AP…

In the editorial "Payday Loans Are Not Harmful for Low-Income Borrowers" in The Hill's Congressional Blog on May 6, 2016, Thaya Brook Knight of the Cato Institute explains why payday loans are a necessary product for those who need it.…

A startup founder called for more transparency in the rapidly changing loan claims space. In recent years, thousands of people who have taken on high cost payday loans, guarantor loans and other loans have been able to claim thousands…

Over 250,000 members of the Government Service Assurance System (GSIS) have benefited from the Multi-Purpose Loan (MPL) since last year. GSIS, in a statement released on Friday, June 25, announced that it had granted a total of…

Growing up in social housing, Dennis Cail noticed at the age of 7 that his neighborhood in Monroe, Louisiana had no banks.But there were plenty of payday lenders, check-cashing stores, and car and furniture rental companies.It was Cail's…

Rep. Jan Schakowsky, a veteran Illinois Democrat, is leading the charge to Congress to correct the damage caused by a Supreme Court…

Russia could be in the middle of a payday lending bubble as struggling households take on short-term, high-interest debt as they emerge from the coronavirus recession, a central bank representative told lawmakers on Monday .…

Australian Securities and Investments Commission (ASIC) research finds MyPayNow founder and chairman Shane Powe was previously a director of Sunshine Loans, a payday lender that in 2009 agreed to repay clients $ 684,977 after charging them…

A Kansas man has been convicted in federal court of engaging in two separate fraud schemes relating to millions of dollars in bogus payday loans and tax evasion totaling over $ 8 million. "After raising millions of dollars from the…

OAKLAND PARK, Florida (PRWEB) July 18, 2021 National Payday Loan…