LITTLE ROCK — A Kansas company has agreed to cancel more than $2.7 million in payday loan debts of Arkansans and will pay the state $200,000 to settle a lawsuit over its collection efforts, the state ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

MADISON - An Internet payday loan company will pay $180,000 and forgive debts owed by customers who took out loans under a class action settlement with the state of Wisconsin. Dane County Circuit ...

SPOKANE, WA — Four Spokane residents have won a legal victory against Pacific Financial Holdings Inc., a loan chain based in Federal Way, Wash. Pacific Financial agreed to pay a $2.5 million ...

A lender can sue you for not repaying your payday loan as promised. Payday lenders report missed payments to the credit bureaus, which could cause a drop in your credit score. If a lender wins a ...

INDIANAPOLIS (AP) -- Two payday lending businesses have agreed to proposed settlements totaling $11 million after the Indiana Supreme Court ruled that such loans are subject to the state's interest ...

MoneyMutual LLC, a payday loan broker backed by celebrity spokesman Montel Williams, has lost a bid for more time to pay a $2 million settlement to borrowers in light of the coronavirus pandemic. U.S.

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

This article explores payday loans, including how they work, their pros and cons, and viable alternatives. Whether you’re considering a payday loan or simply looking to improve your financial literacy ...

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 ...