Two New York bills would rein in payday lenders. The Stop Taking Our Pay Act would ensure loans from such lenders abide by the state’s 25% interest rate cap but since the companies do not specifically ...
The post How Tennessee’s Speaker of the House Helped Keep a Payday Lender’s Struggling Sports Gambling Company Alive appeared first on ProPublica.
Small-dollar lending in the U.S. is changing. Payday loans once dominated, especially in smaller cities and rural areas, ...