Following a Supreme Court ruling in May, the federal government is expected to get tougher on regulating payday lenders and other firms that offer high-interest, short-term loans. This type of ...

The corporate watchdog has sounded the alarm on payday lenders shirking their legal obligations by shifting vulnerable ...

One change to the payday loan product recently took effect after ... people for cashing government cheques. The new cap is $2, plus 1 per cent of the cheque's face value up to a maximum of ...

The Indiana House approved a bill that would allow payday lenders to loan up to $5,000 at rates as high as 149%. Such loans would be considered felony loan sharking under current Indiana law.