June 2021

Payday lenders are concentrated in minority neighborhoods. Nati Harnik / AP Images Payday lenders are targeting black and Latin communities, creating more stores in minority neighborhoods. But for those who live paycheck to paycheck,…

NEW YORK - Congress on Thursday overturned a set of regulations enacted in the closing days of the Trump administration that effectively allowed payday lenders to avoid state laws capping interest rates. The House voted 218-208…

The Federal Court dismissed an ASIC application alleging violations of consumer credit provisions by Cigno Pty Ltd and BHF Solutions, finding that the lending model they were applying did not violate the National Consumer Credit…