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Payday Loans Can Lead To A Cycle Of Costly Debt

2026-01-10T10:12:53Z

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Should You Take Out A Payday Loan?

2026-01-08T22:20:08Z

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Payday Loans Are Expensive And Should Only Be Used As A Last Resort

2026-01-07T12:27:04Z

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But the CFPB must continue to monitor the industry and enforce existing laws against unfair, deceptive, and abusive debt collection practices. It has filed a number of law enforcement actions against payday lenders. These include violations of the Truth in Lending Act and wage garnishment laws. It has also filed complaints against debt collectors who attempt to collect phantom payday loan debts.

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2026-01-07T12:27:03Z

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