Tighter lending requirements in banks are pushing more Russians to take out payday loans with interest rates as high as 292% annually. Source: The Moscow Times, citing another Russian media outlet RBC ...

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A nuclear power plant was among the targets of a massive Ukrainian drone attack against Russian oil and power facilities, Russian officials and media outlets reported on Wednesday. Indiacategory ...

According to the report, aggregate costs for payday loans increased to $6.7 billion in 2024 from $6.2 billion in 2023. Bank small-dollar loans are a relatively new offering that emerged last year.