Thanks to a bevy of unflattering media reports, there are probably few industries as vilified as the payday loan industry. Still, those who provide small, short-term loans offer a valuable service, ...

The prosperous delayed-deposit business has blossomed in Iowa and Illinois during the last eight years and representatives say criticism of their service is unwarranted. The industry doesn't hide the ...

The payday loan business is pretty simple. Clients generally pay a fee of $15 per $100 for a two-week loan. At EZ Money, the fee is $15 for $100, $25 for $200 and $35 for $300. For one-month loans, ...

The D.C. Council on Tuesday overwhelmingly approved legislation to cap soaring interest rates of payday lenders, a move that a representative of the high interest loan industry said “doomed” their ...

Payday loans widely condemned as predatory are still freely available in Texas — for a staggeringly steep price — even as a new state law will block cities from adopting new ordinances addressing the ...

Payday lenders have a lot in common with pawn shops, their close cousins: They depend on lending money to desperate people living close to the edge with nowhere else to turn. They first surfaced about ...

As many as 66 percent of Americans expect to borrow for holiday shopping, and about a quarter anticipate taking on $900 or ...

Rita Benson, a married mother of two from Florissant, knows the drill at payday loan shops. "I've had several different loans," she said. "A lot of it was just emergency stuff - my car broke down and ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. In this episode of Live at 9, Trustee Regina ...

You need cash to pay an important bill, and you haven't got it. What do you do? Many Americans turn to payday loans to fill this gap, even though the interest rates are staggering – an average of ...