Payday loan - news and investigations | The Center for Public Integrity

Credit unions remake themselves in image of payday lenders

Excerpts from this story referencing "North Carolina":

"… rom a modest 12 percent with no fees at State Employees’ Credit Union in North Carolina to the high triple-digits loans sold by Mountain America. It has become a …"

"… edit unions have closed since 2009.Thomas Glatt, an industry consultant in North Carolina, said that his analysis of financial reports suggests that 700 mostly smal …"

Maryland challenges online payday lender owned by tribal member

By Amy Biegelsen

March 21, 2011

Western Sky Financial’s website features a logo with three teepees and a toll-free number for customers to apply for an overnight loan. A no

Payday lenders boost spending on lobbying, campaigns as consumer agency takes shape

By Julie Vorman

March 15, 2011

Payday lenders more than doubled their spending on federal lobbying to $9.2 million in 2009-10, an investment that defeated Congressional at

Excerpts from this story referencing "Debt":

"… or Public Integrity reported in a February investigation as part of its “Debt Deception” series. Several Internet-based payday lenders say they are en …"

Fights over tribal payday lenders show challenges of financial reform

By Michael Hudson and David Heath

February 7, 2011

High-interest payday lenders are teaming up with Native Americans to shield their online businesses from lawsuits and consumer-lending regul

Excerpts from this story referencing "Debt":

"… “We decline to comment on matters in litigation.”‘Revolving Door of Debt’The federal government has mostly left oversight of payday lenders up to …"