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A group of consumer advocates formed a broad and serious coalition in order to push Iowa legislature to approve limits on payday loan interest rates due to the fact that rates on such short term loans can become more than 400%.

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According to the recent reports, some reputable banks, like Wells Fargo, for instance, have started to offer a kind of payday loans to their checking account consumers.

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Some Illinois cash advance stores have closed their doors for the borrowers because the new laws will make their business less profitable.

Bank On Memphis provides a program to encourage un-banked people to open checking or savings accounts and participate with financial institutions.

New Hampshire lawmakers want to return transformed payday loans. The proposal has already passed the Senate. Will the House approve it?

Missouri payday cash loans became a target for the House Financial Committee. Two bills were represented for consideration. Which one will be chosen?