Payday loans - small, short-term consumer loans typically used by people who don't have access to other forms of credit - are expensive and closely regulated by most states. In Oklahoma, state law ...

SACRAMENTO — California business regulators are stumbling in their efforts to find and ban an unlicensed form of high-interest consumer credit: payday loans available on the Internet. For three years, ...

In 2010, Montana voters overwhelmingly approved a 36 percent rate cap on payday loans. The industry -- the folks who run the storefronts where borrowers are charged high interest rates on small loans ...

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RICHMOND, Va. (WRIC) — The federal court in Richmond gave preliminary approval to a class-action settlement that would provide $489 million of relief to victims of illegal internet loans. The ruling ...

The Commonwealth Court has ruled that an out-of-state lender that issues payday loans to Pennsylvanians via the Internet without a license is in violation of state law. A deeply divided en banc panel ...

CashCall Inc., an internet lender accused of hiding behind an American Indian tribe to break state laws, agreed to pay nearly $12 million to settle charges filed by Minnesota's attorney general. The ...

When Pam Sanson needed a quick $300 to pay the bills, she never expected her decision would cost her more than $900 in interest in just six months. Such "payday loans" with exorbitant interest rates - ...

The Senate voted Monday morning to crack down on out-of-state Internet payday and car title lenders operating in Oregon by limiting the annual interest rate they charge to 36 percent. House Bill 2203 ...

Payday loans are tempting. Advertisements promising money to "tide you over until your next paycheck" appear at check cashing outlets, in pawn shops and within the classified ads. Increasingly, ...

Kansans took out $267 million in payday loans in 2018. Some community and religious groups want to change the rules for those loans. Maria Galvan used to make about $25,000 a year. She didn’t qualify ...