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The payday loan debate picked up where it left off at the last Abilene city council meeting on Tuesday.Supporters and opponents of a draft ordinance addressed the council at a workshop meeting Tuesday at town hall. It was a hot topic of…

Conference calls are "modern wear and tear".What seems like a quick and easy solution to paying an emergency bill until the next payday has turned out to be a nightmare for many people. Payday loans or car title loans can help fill a…

Payday loans are personal loans which are generally due on your next payday. They may be an appealing alternative to obtain the money you require, however, most of the time they come with hidden charges and high interest rates could cause…

Lasco Financial Services Limited says its payday loan portfolio has quadrupled in the past eight months, surprising the company, whose target was more modest 30% growth over the medium term.Loans, popular because of liberal…

Payday loan companies attract an influx of borrowers. (Image: Neon sign from Shutterstock.com) Controversial payday loan companies, some charging interest rates as high as 7,000%, have experienced tremendous…

Access Bank Plc CEO, Herbert Wigwe revealed that the bank had set a daily target of 400 million naira lending to at least 20,000 customers. Sir. Wigwe made the comment during the bank's call to investors and analysts on…

THE STORY CONTINUES WITH THESE SALTWIRE VIDEOS Paul Faulkenham was desperate and needed to make payment for his car, but he had no idea that a $ 300 payday loan would eventually push him into a spiral of debt…

THE STORY CONTINUES WITH THESE SALTWIRE VIDEOS New Democrats tabled a bill on Tuesday that would provide consumers with an alternative to expensive payday loans. "Due to the sky-high interest rates and the way…

Hi Nicole, I'm really struggling to make ends meet and I'm afraid I'm in for a disaster - nice white, car, whatever - far from ruin. It's not that my job is precarious but as a single mother of two young children and working part-time,…

For short-lived consumers, turning to an online payday lender may seem like a smart move. But the industry is plagued by abusive practices, with sky-high interest rates just the tip of the problematic iceberg, according to a new report…