March 2021

The new US ambassador to Australia has stepped up his attacks on China, accusing Beijing of "payday lending" diplomacy in the Pacific.Key points:Ambassador warned Pacific countries to "read the fine print"His words echo US Vice President…

“My lowest memory will always be watching a game online via a live stream while sitting with my mom while she was in the hospital,” says Danny Cheetham, a 30-year-old former game addict. years. His mother was terminally ill with cancer, but!-->…

Texas is often referred to as the "far west”Predatory lending, an all-happening wonderland where payday lending and auto securities lending companies can charge low-income people sky-high fees every time they desperately need a cash advance…

I first took out a loan from payday lender Wonga when I was in college to fill a funding gap between my final studies and the start of my post as a graduate intern.This led to a ridiculous spiral of 50 loans in 48 months, between 2013 and…

Payday loan companies have gone from barely existing existence to growing popularity, regulation and possible extinction in less than a decade. Wonga - the industry standard bearer - collapsed into administration last summer, while Wage Day!-->…

“Our law firm clients rely on us to fund disbursements which individually are not significant expenses, ranging from hundreds of dollars for court fees to several thousand dollars for expert reports,” Stephen…

Half a million Sunny payday loan customers are on the verge of wiping their credit records for poorly sold loans. The boost means thousands of customers will get defaults or missed payments markers removed from their records, giving their…

Payment for the car is due in seven days. The electricity bill is overdue. Cable service has been cut. You have to go to the doctor, but you are not insured. You have also discovered that your home is in need of major repairs. You've…

A San Francisco appeals court upheld a lower court ruling on Monday that Kansas City payday loan mogul Scott Tucker cheated borrowers and owes pay a record $ 1.27 billion to the Federal Trade Commission. But some of the appeals…

Filling a loophole in Georgia's usury laws that allows auto title lenders to charge interest rates as high as 300% is neither a Democrat nor a Republican problem for State Senator Randy Robertson .The Republican lawmaker has said that…

This is an urgent transcript. The copy may not be in its final form.AMY GOOD MAN: This is Democracy now!, The War and Peace Report, The quarantine report. I'm Amy Goodman, with Juan González. Yes, today is election day. All eyes are on…

It's business as usual at the Dollar Loan Center a day after South Dakotas strongly approved a plan to cap payday loan interest rates at 36%."We will be lending exactly as we are doing now until the law changes and at the moment we don't…

This is an archived article and the information in the article may be out of date. Please look at the history's timestamp to see when it was last updated. A California payday lender has agreed to reimburse consumers about $…

The payday loan industry continues to be a lucrative and popular sector in the UK. With Google's SERPs inundated with black hat SEO and hacked sites, the…

The ACE Cash Express payday loan chain had a brief moment of notoriety in 2014, when a misguided illustration of an internal training manual slipped into public view.Surprisingly straightforward, the graph depicts the debt cycle for which…

It's one of those things that we ask all the time. Why are payday loans so expensive? The APR rates on them are 300, 400%, surely someone must make absolute fortune out of it? You know, horrible people who take advantage of the misery of…