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 ...

The new year has begun with bipartisan action in the Pennsylvania House as legislators take on predatory loans for homeowners ...

MELVILLE, Long Island (WABC) -- Many of us are trying to make room on our credit cards and feeling that end of the year pinch, but beware of predatory lenders looking to help you with that debt.

Indiana’s General Assembly is sending a clear message to working Hoosiers: Get ready for severe exploitation. House Bill 1174, passed by the House and currently in the Senate, raises the cost of ...

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 ...

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 ...

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 ...

The Rev. Martin Luther King Jr.’s dream of the Beloved Community — a society built on justice, equality and shared prosperity — was as much about economic liberation as it was about civil rights. He ...

Louisville Metro Councilman Khalil Batshon has proposed a change to the city's Land Development Code to categorize nontraditional loan businesses separately from banks and credit unions. The current ...

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 ...

The Cato Institute makes an interesting point: Why are Obama's efforts at reducing home mortgage foreclosure failing? Because, "All efforts addressing the foreclosure crisis implicitly assume that the ...