To get a payday loan, the consumer writes a personal check in exchange for cash. The fee for the loan is typically $15 to $20 for every $100 loaned, which works out to an annual percentage rate — how ...

SALEM - Lawmakers advanced a bill Monday that would cap interest rates at 36 percent per year for all consumer loans less than $50,000 in an effort to close loopholes in Oregon state law that ...

This article explores payday loans, including how they work, their pros and cons, and viable alternatives. Whether you’re considering a payday loan or simply looking to improve your financial literacy ...

Colin Beresford is a writer and editor experienced in helping people make the best decisions with their money, whether it's buying a car or taking on a loan. He has written for Bloomberg, The ...