by Alan Pyke Posted on March 27, 2014
Citigroup failed its second "stress test" in three years on Wednesday thanks to shoddy internal processes.
by Bryce Covert Posted on March 26, 2014
The country's largest banks get an edge over their smaller counterparts.
by Alan Pyke Posted on March 25, 2014
Most people who use payday loans pay them back quickly, but the industry's profits rely entirely on those who get trapped in debt.
by Alan Pyke Posted on March 11, 2014
In just the last eight months, members of the armed forces have reported almost 4,000 separate instances of debt collector harassment.
by Alan Pyke Posted on March 7, 2014
Payday loan interest rates average 339 percent nationwide. Louisiana legislators want to cap rates at 36 percent in their state.
by Alan Pyke Posted on March 1, 2014
Only 15 states prohibit high-interest payday loans, and that could fall to 14 if a pair of Pennsylania Republicans get their way.
by Alan Pyke Posted on February 14, 2014
By a 44-37 margin, Americans support replacing predatory cash-advance companies with the U.S. Postal Service.
by Alan Pyke Posted on February 12, 2014 Updated: February 12, 2014
House conservatives who oppose the Consumer Financial Protection Bureau turned to Nazi comparisons.
by Alan Pyke Posted on February 7, 2014
A new legally binding banker oath of office in the Netherlands indicates regulators may be at their wit's end.
by Alan Pyke Posted on January 27, 2014
The CEO of Swiss banking giant UBS says critics are holding bankers to impossible standards rather than criticizing their many, many misdeeds.