A payday loan is a short-term, small loan that you repay once you receive your next paycheck, typically two to four weeks after you take out the loan. Payday loans tend to have small loan limits, ...

Numerous laws have gone into effect this month in Maryland, but one law set to start in October has consumer protection experts unhappy with the state. They say the new Maryland law doesn’t go far ...

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 ...

Bad credit sucks. I know the feeling of needing cash fast and hitting brick walls. You face unexpected expenses, bills piling up, and traditional lenders slamming doors in your face. It’s frustrating.

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 ...