In today's high-cost, high-stress economy, it can be tempting to turn to your short-term borrowing options, like credit cards and payday loans, just to stay afloat between paychecks. But while payday ...

Small-dollar lending in the U.S. is changing. Payday loans once dominated, especially in smaller cities and rural areas, ...

Payday loans seem like a convenient way to get some extra cash when you need it most before your next check arrives, but that convenience could come at a higher cost than you anticipated. These loans ...

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 lending ...

Payday loans are a form of predatory lending with exorbitant interest rates and short repayment periods, making them a risky option for emergency cash. There are safer alternatives to payday loans, ...

For many years payday loans dominated the short term lending world. They offered quick cash to people who needed emergency money but at a very high cost. Traditional payday loans often came with ...

ORLANDO, Fla. – “Need money NOW?” “Instant cash!” “No credit check!” Not too long ago, your average payday lender was a strip mall storefront wedged between businesses like a laundromat, a pizzeria, a ...

New Yorkers across the state are struggling to afford the cost of living. Last year, more than a third of New Yorkers ...

People often use payday loans to cover everyday expenses in between pay cheques, but it can quickly become a “vicious cycle.” ...

The caller, Alex, explained he owed about $3,500 in payday loans, all carrying interest rates of around 500%. He said he took them out after getting laid off in August, since he didn't have good ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...