Commissions do not affect our editors' opinions or evaluations. 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 ...

If you are an Indian working professionals who need money in a hurry, payday loans can be one of the easier solutions. This ...

Payday loans usually have very high interest rates and carry risk. As with any loan, consumers should have a clear understanding of the fees, terms and conditions of any payday loan before borrowing.

The Indiana House approved a bill that would allow payday lenders to loan up to $5,000 at rates as high as 149%. Such loans would be considered felony loan sharking under current Indiana law.