Can a New Kind of Payday Lender Help the Poor? Can a New Kind of Payday Lender Help the Poor?
Oakland’s Community Check Cashing offers an unusual alternative for the underbanked.
Jul 9, 2018 / Susie Cagle
Hillary Clinton Is Exposing the Dark Underbelly of the Democrats’ Money Machine Hillary Clinton Is Exposing the Dark Underbelly of the Democrats’ Money Machine
Her campaign has put a spotlight on the cozy relationships between Democratic operatives and corporate America.
Mar 10, 2016 / Joshua Holland
Why Is Florida’s Congressional Delegation Defending Predatory Lenders? Why Is Florida’s Congressional Delegation Defending Predatory Lenders?
It’s hard to rein in the payday lending industry when lawmakers keep protecting it.
Jan 26, 2016 / Joe Valenti and Alice Vickers
Postal Banking Worked—Let’s Bring It Back Postal Banking Worked—Let’s Bring It Back
Regulated, federally subsidized banks serve the wealthy and the middle class. A Wild West hodgepodge of unregulated lenders serves everybody else.
Jan 7, 2016 / Mehrsa Baradaran
How Debt Collectors Ruin Lives How Debt Collectors Ruin Lives
They can dock your pay and ruin your credit—and the industry has only grown in recent years.
Dec 2, 2015 / Michelle Chen
Payday Lenders Keep Evading Their Regulators. Can Anyone Stop Them? Payday Lenders Keep Evading Their Regulators. Can Anyone Stop Them?
The Consumer Financial Protection Bureau has a plan, but it’s full of loopholes.
Nov 20, 2015 / Emanuel Nieves and David Newville
Did Predatory Lenders Pay These 12 Lawmakers to Hobble the CFPB? Did Predatory Lenders Pay These 12 Lawmakers to Hobble the CFPB?
An ethics complaint filed this week alleges that industry lobbyists and donors crossed the fuzzy line between routine fundraising and a quid pro quo arrangement.
Oct 8, 2015 / Joshua Holland
This Week, Look At Real Sharks: Payday Lenders This Week, Look At Real Sharks: Payday Lenders
Activists want to draw attention to some of the most predatory financial companies.
Aug 12, 2014 / George Zornick
Will the Government Finally Regulate the Most Predatory Industry in America? Will the Government Finally Regulate the Most Predatory Industry in America?
The Consumer Financial Protection Bureau is poised to issue regulations for businesses that offer small-dollar, short-term loans. Will they be strong enough?
Jun 27, 2014 / Zoë Carpenter
Bad Credit: How Payday Lenders Evade Regulation Bad Credit: How Payday Lenders Evade Regulation
The $30 billion-a-year industry continues to fleece borrowers with high rates and shady terms.
Apr 6, 2011 / Feature / Kai Wright