Monthly Archives May 20, 2021

SPRINGFIELD, Ill. (AP) - Democratic leaders in Illinois announced Thursday that they have agreed to repay federal pandemic relief loans more than a year ahead of schedule, saving $ 100 million in interest to ta...

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 representati...

Several states, including Illinois and Nebraska, recently implemented restrictions capping interest rates at 36% on consumer loans, including payday loans. Proponents claim these restrictions prevent consumers ...

MEMPHIS, Tenn. - Tens of millions of people continue to struggle as the pandemic spreads and many are among the millions of Americans who are turning to payday advances to try to make ends meet.They offer quic...