Monthly Archives: May 2017

Payday loans are dying. But payday loans are on the rise

Payday loans – the “lifelines” that overwhelm you with debt – are on the decline. Fines and regulatory scrutiny of high rates and deceptive practices have shuttered payday loan stores across the country in recent years, a trend capped by a proposal last summer from the Consumer Financial Protection Bureau aimed at limiting short-term lending. […]