With its foothold threatened in Arizona and across the U.S., the $42 billion payday loan industry has pumped up spending in its defense. Contributions to state politicians nationwide have mushroomed from just over $1 million in 2000 to $4.1 million Read More

Consumer advocates hailed the state Banking Department’s policy shift last week to license online payday lending, saying it would sound the death knell for the industry in Pennsylvania . ‘’This is a major victory for Pennsylvania consumers,'’ Kerry Read More

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