People often use payday loans to cover everyday expenses in between pay cheques, but it can quickly become a “vicious cycle.” ...

Credit counselors say North Texas families in financial distress often turn to emergency loans, including payday and title loans, only to find that short-term lenders are often unwilling to help them ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Payday loans can trap millions of people in expensive debt cycles, even as economic conditions improve. With many Americans living paycheck to paycheck, these high-cost loans offer quick cash when ...

Trevor Storrs’s recent op-ed (“Predatory lending in disguise — the truth about payday loans in Alaska”) repeats the familiar talking points: payday loans are “seawater to the thirsty,” caps at 36% are ...