Category Stories

More Payday Loan Money in Politics: Florida congressional Delegation Shills for Industry to Weaken CFPB’s Proposed Regulations

What’s the matter with Florida? By Aaron Weaver Advertisements

Strib’s Lopez follows the money from the pockets of MN’s Largest Payday Lender straight to the Legislature

Leader in payday loans makes his presence felt at Minnesota Capitol Explore 13 years of a payday lender’s political spending -Jeff Hargarten and Ricardo Lopez

Payday loans cost Sherry Shannon $500

Last week, Sherry Shannon of Roseville came to the payday lending reform hearing at the Senate Commerce Committee to share her story. A single adult on disability, Sherry can’t afford to lose even $35 per month on payday loan fees. Thanks to her brave testimony, the bill passed out of Committee. This is what she said. […]

Real Minnesotans hurt by predatory payday lending

Minnesotans for Fair Lending released a video today featuring real Minnesotans whose lives have been negatively affected by the payday loans that they’ve taken out. Payday loans are small-dollar, high-interest loans requiring full payback on the borrower’s next payday. They typically carry triple-digit annual interest rates, are due in full on a borrower’s next payday, […]

Single mom credits payday loans with deepening her financial crisis

Meet Reneé. A Duluthian and a mother of four, Reneé has held the same full-time job for years. In 2005, Reneé fell short on a few bills and decided to take out a payday loan to make ends meet. Last month, she came to the Capitol to testify in favor of payday lending reform. She […]