WASHINGTON — Interest rates on payday loans to military service members would be limited under an agreement reached Friday by House and Senate Republicans. The measure imposing a 36 percent cap on the ...

A law designed to help protect soldiers and military families from predatory lenders may actually be allowing them to be taken advantage of, a new government report found. The Consumer Financial ...

HILL AIR FORCE BASE, Utah (AP) - State lawmakers may be calling for restrictions on loans made to military personnel following a recently released Department of Defense report that calls the payday ...

There are more licensed payday 'oan businesses in California than there are McDonalds or Burger Kings. Most of them are in low-income neighborhoods, and many are clustered around military bases. New ...

LANSING — Michigan would limit interest and fees on payday loans under bipartisan legislation that supporters say would crack down on an industry that traps low-income residents in cycles of debt and ...

Lenders who make short-term loans to cash-strapped borrowers — commonly known as "payday loans" — are vowing to reform the way they operate. It's a pre-emptive move by an industry often accused of ...

In an unusual announcement, the Consumer Financial Protection Bureau (CFPB) says it is backing off enforcement of rules for payday and car title lenders as well as for "certain high-cost installment ...

It may be surprising to learn the average interest rate in South Carolina for a small-dollar, short-term loan is 385%. The highest rate charged by some payday lenders filed in state with the S.C.

Personal loans can be a safe and affordable form of financing. CNBC Select explains how to choose the one that's right for you.

“It was horrible. I wouldn’t say I felt like a failure, but I just felt like I could not do things right,” said Hunter, 46, of Grand Rapids. “I was just trying to figure out – what am I doing wrong?” ...