Predatory lending might sound like a finance buzzword, but its impact is all too real. Picture signing up for a loan that seems like a quick fix, only to discover hidden fees and sky-high interest ...

The Federal Deposit Insurance Corporation (FDIC) Supervisory Policy on Predatory Lending (FDIC FIL-6-2007) describes certain characteristics of predatory lending and reaffirms that such activities are ...

Many Americans continue to find it challenging to keep up with the rising cost of living. Most Americans’ household finances feel insecure – especially people who live paycheck to paycheck with little ...

Financial technology companies that issue loans through mobile apps at annual interest rates above 330 %, marketing these loans as earned wage access (EWA), are quietly draining the financial ...

Payday loans in our community are like seawater to the thirsty — they may seem like relief at first, but ultimately cause more harm than help. Recently, an op-ed was published (“Dunleavy was right to ...

Through a $1 billion settlement announced by New York Attorney General Letitia James, Yellowstone Capital agreed to wipe out more than $534 million in debt of its small-business clients. It resolves ...

A law designed to help protect soldiers and military families from predatory lenders may actually be allowing them to be taken advantage of, a new government report found. The Consumer Financial ...

Petersburg City Council voted unanimously to pass more regulations on potentially predatory short-term loan establishments and limit the number of pawn shops allowed in the city during its meeting on ...

The city of Baltimore has lodged a lawsuit against MoneyLion, alleging that the fintech company runs a modern-day payday lending scheme that manipulates residents into taking out high-cost, frequent, ...

Albany, N.Y. — Private equity company Yellowstone Capital will pay $1 billion to settle predatory lending charges, the state attorney general’s office said Wednesday. The Houston-based private equity ...