February 2021

What is a payday loan? A payday loan is a type of short-term loan where a lender gives high interest credit based on your income. Its principal is usually part of your next paycheck. Payday loans charge high interest rates…

Drowning in Payday Loans? These options can be useful. (iStock) Payday loans are a short term option for cash strapped consumers. But they are hardly a saving grace. With exorbitant interest rates and short repayment terms,…

The crisis often begins with a car repair or a surprise medical bill. This can end with a consumer in heavy debt paying hundreds or even thousands of dollars in interest and fees to a payday loan company. Payday loans are short-term…

Travis Holoway, CEO and co-founder of SoLo Funds, says his startup isn't just a quick way to take out a small, short-term loan. It's the start of something bigger.The startup, which raised $ 10 million in a Series A funding round last…

A study indicates that they cost an average of 652% annual interest. Only Texas is higher.(Leah Hogsten | Tribune file photo) Payday loan rates in Utah are second highest in America, new research shows. Only Texas is higher. |…