Tag Archives: payday lending

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Court Blocks Class Action Suit Against Payday Lender

An appeals court derailed a class action lawsuit aimed at keeping payday lenders from using the criminal justice system to file charges against debtors.

An appeals court in San Antonio derailed a class action lawsuit aimed at keeping payday lenders from using the criminal justice system to file charges against d...Read More

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Jumping the Loan Sharks

Ending predatory lending is a 'big jigsaw with a lot of pieces,' but one model, developed in the Valley, may solve part of the puzzle.

Commercial payday loans can carry interest rates in excess of 400 percent and must be repaid within months or weeks, often causing financially troubled customer...Read More

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