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, ...

WASHINGTON (AP) – Businesses offering short-term cash advances against borrowers paychecks charge fees equivalent to annual interest rates of up to 910 percent, a survey shows. The companies making ...

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 ...

The payday loan industry walks the line between helping and taking advantage of people who live from paycheck to paycheck. Which side of that line the lending businesses are on depends on one's point ...

It's been nearly eight years since the Legislature first gave approval for payday-loan-type businesses to operate in Arizona. Since then, they've spread like wildfire. At last count, there were 124 ...

This is an archived article and the information in the article may be outdated.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 ...

Consumer advocates cheered the announcement Thursday of a consent order between the Office of the Comptroller of the Currency and Eagle National Bank that ends the bank's payday loan business.

Last we knew: The Racine City Council in May put a 90-day moratorium on new payday loan businesses in the city to give city officials time to draft a new ordinance on where the businesses can open.