Payday Lending

NAACP announces resolution against payday lending

The Washington Parish Branch of the NAACP, the NAACP Louisiana State Conference, and the National NAACP in partnership with the Louisiana Community Reinvestment Coalition, a member of the National Community Reinvestment Coalition in Washington, announced the release of its Resolution with the National NAACP Financial Freedom Center against PayDay Predatory Lending Practices.

Payday Lending Is Focus of Consumer Bureau Alabama Hearing

U.S. Consumer Financial Protection Bureau officials, holding their first public hearing since Richard Cordray was installed as director, gathered information on so-called payday lending as they plan oversight of firms faulted for taking unfair advantage of low-income borrowers.

Payday lender embroiled in lawsuits

A company involved in an unlicensed payday lending operation recently lost an early legal bid to silence some of its former employees.

Consumer Bureau Focuses on Payday Lending

U.S. Consumer Financial Protection Bureau officials, holding their first public hearing since Richard Cordray was installed as director, gathered information on so-called payday lending as they plan oversight of firms faulted for taking unfair advantage of low-income borrowers.

Payday Lending Is Focus of Consumer Bureau Alabama Field Hearing

U.S. Consumer Financial Protection Bureau officials, holding their first public hearing since Richard Cordray was installed as director, are gathering information on so-called payday lending that has been faulted for taking unfair advantage of lower-income borrowers.

PayDayCentral.net: Many Consumers Not Adequately Informed on Laws Relating to Payday Loans

ORLANDO, Fla., Feb. 3, 2012 /PRNewswire/ -- In response to growing consumer interest and demand, PayDayCentral.net has decided to provide information on a state-by-state basis for regulations that are ...

New watchdog agency reviewing payday lending

The Obama administration's new consumer protection agency held its first public hearing Thursday about payday lending, an industry that brings in some $7 billion a year in fees nationwide.