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As Minnesotans struggle financially in tough economic circumstances, some payday lenders are taking their business online, charging customers big fees for small cash loans. ST. PAUL, MN – At the click of a mouse, unlicensed payday lenders ...

Minnesota Commerce Department cracks down on unlicensed Internet payday lenders

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US lenders pushing short-term loans that charge up to 5,000 per cent interest per ... In a document published in March approving the merger of two large online payday lenders, the OFT appeared to admit that it lacked even basic information about the ...

'Legal Loan Sharks' Target UK's Working Poor

"The rates are so lucrative for those that ignore the law," said Barnes, a Democrat who pushed a statewide crackdown on high-interest payday loans when he was ... high-interest loans online — from lenders outside the U.S. and thus immune from the statute ...

Ga. soldier claims he was predatory lending victim

According to NISD spokesman Pascual Gonzalez, Jason Miller, 25, was terminated Thursday after police said he confessed to stealing other people's personal information and using it to open bank accounts, secure payday loans and obtain credit cards.

Teacher's aide fired in ID theft case

He said options for borrowing money to make ends meet – credit cards, payday loans – can put people further behind. Kleeman said payday loans can trap financially strapped borrowers in two ways: They might either roll over the loan at high ...

The cost of being broke: Snowballing financial problems can be hard to escape

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