Payday loans widely condemned as predatory are still freely available in Texas — for a staggeringly steep price — even as a new state law will block cities from adopting new ordinances addressing the ...
On Tuesday, lawmakers heard from pay lenders who say they are providing a valuable service. But they also heard from those who have taken the loans who say the fees and interest that come with the ...
The U.S. Supreme Court will hear arguments Tuesday in a case from Texas that observers warn could have wide-ranging consequences for consumers and the companies that provide them financial services, ...
EZCorp Inc. could close a big chunk of its business if Texas legislators adopt stricter regulations on short-term payday loan activities in the upcoming legislative session, a fear the company ...
Usury is the practice of lending money at an exorbitantly high rate, so high that any reasonable person would find the rate to be unconscionable, even immoral. Every state in the union has laws to ...
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