Consumer finance

Program seeks to bankrupt payday lenders

The Black Clergy Collaborative of Memphis and Hope Credit Union will launch a “Borrow and Save” program which they hope will be a competitive alternative to predatory lenders. Photo by Andrea Morales for MLK50 People struggling to make ends meet will have a fairer alternative to payday loans thanks to …

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Alternatives to using payday loans

Alternatives to these high interest loans Before considering a payday loan, the experts at Consumer Reports have advice on alternatives and ways to save money. If you are having trouble paying your bills, you might want to consider a payday loan. But be careful! Even with some recent reforms, many …

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