Online loans likely to lead to the payday debt spiral

Resorting to the mobile phone for a quick injection of cash is on the rise as more online lenders join the market, a trend likely to lead more Australians into a spiral of debt, says QUT poverty researcher Professor Greg ...

Payday can be a killer, new study shows

(PhysOrg.com) -- People are more likely to die on or shortly after they’re paid, according to a new study by University of Notre Dame economist William Evans.

Advance pay service may reduce use of payday loans

Americans take out roughly $50 billion in payday loans a year, each racking up hundreds of dollars in fees and interest. But a small and growing service that allows its users to take an advance on their paycheck might be ...