July 2021

FORT LAUDERDALE, Fla. (AP) - A video recording of New England Patriots owner Robert Kraft and other men allegedly engaging in sex at a massage parlor will be returned to prosecutors for destruction, a judge ruled Friday of Florida, ending…

MEMPHIS, Tennessee (WMC / CONSUMER REPORTS) - If you're struggling to pay your bills, you might consider a payday loan. But be careful! Even with some recent reforms, many of these loans still come with high fees and very high interest…

MEMPHIS, Tennessee (WMC / CONSUMER REPORTS) - If you're struggling to pay your bills, you might consider a payday loan. But be careful! Even with some recent reforms, many of these loans still come with high fees and very high interest…

Payday loans are often touted as “emergency…

A Super Flower Moon rises through low clouds over the city of San Diego, California, United States on May 25, 2021. REUTERS / Mike BlakeTotal amount borrowed decreased by $ 1.14 billion in 2020Decrease part of a national trend correlated…

Michigan history shows the limit of payday loan service. The law tried to limit the interest rate ceiling to 25%. In 2005, Michigan was the last state to allow payday loans at rates of 340% APR or more. But…

By Annie Millerbernd | NerdwalletLow-cost, short-term lenders, released from a maximum federal interest rate, can charge borrowers rates of 400% or more on their loans.But more and more states are reducing that number by setting ceiling…

South_agency / Getty ImagesIt's hard to find yourself in a situation where you need the cash right away, but you are not alone. In fact, 42% of millennials have used methods like payday loans to deal with debt, according to a study by…

Low-cost, short-term lenders, released from a maximum federal interest rate, can charge borrowers rates of 400% or more on their loans.But more and more states are reducing that number by setting ceiling rates to curb high-interest…