LITTLE ROCK — A Kansas company has agreed to cancel more than $2.7 million in payday loan debts of Arkansans and will pay the state $200,000 to settle a lawsuit over its collection efforts, the state ...

A debit card company that charged customers a fee for a debit card they had unknowingly ordered when applying for a payday loan online has agreed to settle a complaint brought by the U.S. Federal ...

ALBANY, N.Y. (AP) — New York’s attorney general has announced a settlement with Forster & Garbus, a Long island-based debt collection firm, to ensure it doesn’t file court claims against New Yorkers ...

A Henderson city councilman’s payday loan business is under scrutiny in federal court, after two class action lawsuits alleged its lending license through a Native American tribe helped it offer loans ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Sifting through receipts and debts, Matt McCune can look back through the financial debris of his bankruptcy clients’ lives. In the wreckage, he often finds a common accelerant. “Basically what I see, ...

MoneyMutual LLC, a payday loan broker backed by celebrity spokesman Montel Williams, has lost a bid for more time to pay a $2 million settlement to borrowers in light of the coronavirus pandemic. U.S.

(Reuters) - An online company that sells customer information to businesses making payday loans has agreed to pay a $1 million penalty and stop generating such leads in New York, the state's financial ...