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Sep 14, 2016 A new day is dawning for “payday” loans. The Consumer Financial Protection Bureau recently proposed a set of rules that would offer more protections to borrowers who take out payday loans – high-interest, short-term loans, often targeted to lower-income borrowers. The proposed rules would require that 

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Feb 19, 2018 ASHEVILLE – Before North Carolina outlawed payday lending in 2001, credit counselor Celeste Collins often worked to help people buried in debt with payments due weekly on three to five loans. One client nearly lost her house to foreclosure because so much of her income was going to repay seven