Every one of the East Valley's 100-plus payday loan stores will lose its authority to operate on June 30 - but the shops and their flashy neon signs may be here to stay. Valley activists who wanted ...

Payday loans have never been the dandy of consumer advocates who say the short-term, high-interest loans can trap people in cycles of debt. Defenders of the loans, however, say payday loans fulfill an ...

Seriously? Payday loans again? I guess there’s always lobbyist money hanging around to get things done in Phoenix. From the East Valley Tribune: Saying the demise of payday lending left a gap, a ...

The payday loan industry is known for preying on people. People get caught in debt when they use payday loans; they are not able to pay off the principal amount let alone the interest. “When people ...

The payday loan industry is keeping mum after the defeat of its ballot initiative to permanently protect its right to operate in Arizona. Voters rejected Proposition 200, which was backed by one of ...

PHOENIX — Seven years after Arizonans voted to end payday lending, some of the same players are back, seeking new state permission to offer another form of high-interest loans. On paper, the new “flex ...

-- People with a steady income could take out short-term loans of up to $500 between pay periods, paying down the loan, plus interest, after the next payday.

Over the last decade, American voters have proved remarkably receptive to bans on high-cost consumer loans. In Montana, an interest rate cap got the backing of 71% of the electorate. A South Dakota ...

InvestigateTV - Payday loans are high-cost, short term loans that are often a quick way for people to get cash before their next paycheck. Unfortunately, payday loan scams have cost consumers almost ...

High-interest lenders have circumvented an Arizona ban on payday loans by migrating to auto-title loans, including those where borrowers don't own their vehicles, a study critical of the practice has ...

TUCSON (CN) - The Arizona attorney general says a payday loan company duped hundreds of rural borrowers by suing them for nonpayment in a court far from their homes, setting up a "veritable assembly ...