Payday lending is illegal and unavailable to consumers in some states. Payday loans usually have very high interest rates and carry risk. As with any loan, consumers should have a clear ...

Mufarrige helped the first Trump administration water down protections against payday loans ... clear favoritism… for business models that rip off Americans short on cash.

These personal loans are designed to be an alternative to payday loans for borrowers with ... Protection Bureau received 53 loan-related complaints in 2023 about Opportunity Financial.

The Indiana House approved a bill that would allow payday lenders to loan up to $5,000 at rates as high as 149%. Such loans would be considered felony loan sharking under current Indiana law.