Payday loans to cover mortgages and car loans are risky. Learn about the dangers of high-interest loans and discover better ...

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Personal loan vs payday loan: 5 Key differences every borrower must know Compare personal loans and payday loans across key factors like cost, repayment terms, interest rates, and regulation to ...

Can payday loans be included in debt consolidation? In general, payday loans can be included if you're consolidating your debt. That said, whether or not you can include them typically depends on ...

Can payday loans be sent to collections? If you fall behind on a payday loan, the lender can, and often will, send your account to a collection agency. This can happen fairly quickly, too ...

The Consumer Financial Protection Bureau (CFPB) says it is backing off enforcement of rules for payday and car title lenders, among others.

A payday loan is a short-term, unsecured loan for urgent money requirements until the borrower's payday comes, meaning that it is an advance on wages.

The Indiana House approved a measure that would allow payday lenders to loan up to $5,000 at rates as high as 149%.

Payday lenders took in $2.4 billion in fees from cash-strapped consumers in a single year, a report from the Center for Responsible Lending (CRL) finds.

While personal loans can be of a higher amount, say ₹5 lakh; payday loans are typically of lower denomination which are offered to cover an urgent expense of a borrower.

Payday loans are designed to be short-term loans for modest amounts to bridge the gap from today until payday. While they can quickly get you the cash you need, those fast funds come with a price ...