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What are payday loans and other types of predatory lending?
USA TODAY via Yahoo Finance· 2 years agoFinancial watchdog groups have raised concerns about predatory lenders taking advantage of...
Payday lending rates are sky high, but not optimism for R.I. Senate to pass reform this year
Rhode Island Current via Yahoo News· 1 month agoIt’s a classic case of political power dynamics. Community advocates, voters and lawmakers have...
This Type of Loan Is So Predatory, Some States Have Banned Them. Here's Why
Motley Fool· 1 year agoImage source: Getty Images When a lender imposes unfair loan terms on a borrower, it's considered...
Payday loan vs. personal loan: How to decide what’s best for you
Yahoo Personal Finance· 4 months agoEmergency expenses can be stressful, especially if you live paycheck to paycheck. When financial...
Should you ever get a payday loan?
Bankrate via Yahoo Finance· 1 year agocofotoisme/Getty Images When you’re short on cash in between paychecks or have an unexpected financial emergency, a payday loan can be a tempting option...
'Predatory' payday loan scammers thrive with stolen data, BBB says. What to watch out for.
USA TODAY via Yahoo Finance· 2 years agoA new report from the Better Business Bureau warns consumers of numerous ways scammers have found a...
What is a Payday Loan and How Do They Work?
Penny Hoarder via AOL· 2 years agoA payday loan is a type of short-term, high-interest personal loan that becomes due when you get your next paycheck. Payday loans may look appealing in a...
Payday loan rate cap in advanced stages at Capitol
The Free Press, Mankato, Minn. via Yahoo News· 1 year agoMay 15—MANKATO — Proposed legislation to cap interest rates on payday loans would be a huge step toward protecting consumers from predatory lenders, said Mankato's organizer for the Minnesotans ...
Are bank chains filling the small lending gap in New Mexico? It's complicated.
Albuquerque Journal, N.M. via Yahoo News· 1 year agoMar. 1—When House Bill 132 passed the New Mexico Legislature last year, some predicted the end of small loans in the state. The law, which went into effect Jan. 1 2023, impacted high-interest ...
