Could there be unintended consequences to ending the payday loan industry in Illinois? Legislation awaiting the governor’s signature could shut down the payday lending industry in Illinois, but payday ...

SPRINGFIELD -- On average, Illinois payday loan businesses charge a 520 percent interest rate, but one state senator has introduced legislation to cap that at 36 percent. Advocates for the industry, ...

A settlement has been made with online payday lenders Money Mutual, Partner Weekly and Selling Source, according to a press release from the Illinois attorney general's office. The Illinois Department ...

Seeking to stop the cycle of unsophisticated borrowers getting trapped in a recurring cycle of debt, multiple states have imposed regulations on payday lenders in recent years – regulations that will ...

The Illinois state legislature passed a bill Thursday that will impose a 36% interest rate cap on all consumer loans, including payday and car title loans. Illinois becomes the 18 th state plus the ...

Use this calculator to see your potential payday loan APR. Payday loans can put your finances at risk, so it’s a good idea to compare alternatives. Use this calculator to see your potential payday ...

Payday loans look like an easy answer to a real cash shortage. but their costs can skyrocket quickly. One woman tells her ...

Dori Zinn has been a personal finance journalist for more than a decade. Aside from her work for Forbes, her bylines have appeared on CNET, Yahoo! Finance, New York Times, Quartz, Inc. and more. She ...