When you consider the fees, higher interest rates and small funding limits, a cash advance may not be best suited for ...

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 ...

Dori Zinn has been a personal finance journalist for more than a decade. Aside from her work for Forbes, her bylines have appeared on CNET, Yahoo! Finance, New York Times, Quartz, Inc. and more. She ...

Sherry Shannon thought a payday loan would cover the unexpected expense of fixing a flat tire. Shannon, who feared becoming homeless again, was broke at the time and felt she had no other alternative ...

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 ...

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 ...

Thanks to a bevy of unflattering media reports, there are probably few industries as vilified as the payday loan industry. Still, those who provide small, short-term loans offer a valuable service, ...

Sabrina Leonard’s life has grown more difficult over the past two years. The 49-year-old Spring Hill, Kansas, resident has watched her rent, utilities and grocery bills steadily rise while her ...

A lender can sue you for not repaying your payday loan as promised. Payday lenders report missed payments to the credit bureaus, which could cause a drop in your credit score. If a lender wins a ...