Efrain Betancourt Jr., 36, admitted in a plea agreement that he defrauded more than 600 Venezuelan-American investors in the ...

Efrain Betancourt Jr. ran a payday loan business in Miami that prosecutors say operated like a “Ponzi scheme.” ...

On the 120th and last day of Alaska’s annual legislative session, the state House passed a bill that would curb high interest ...

Fourteen years ago, before buy-now-pay-later apps, before CashApp was mainstream, and when half of Americans still got paid ...

Experts recommend taking certain steps now if you're trying to escape a payday loan debt cycle. Here's how to do it.

Chime, a fintech that offers banking services to people with low and moderate incomes, says it aims to address the ...

Four in ten used the high cost borrowing to cover an emergency expense, suggesting they did not have an emergency savings ...

Domestic economic pressures, driven by inflation and the rising cost of living, continue to weigh heavily on household ...

A bill meant to regulate so-called “earned wage access” loans for the first time in Maryland will become law without the governor’s signature.

A CEO of a payday loan company has pleaded guilty to operating a $66 million Ponzi scheme that allowed him to fund a chateau ...

Rhode Island Senate President Val Lawson said she supports a bill to cap payday lending in the state — a sign that the ...