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Image not available Risky loans - deals that can ruin financial lives - have not gone away with the recession. Broken auto loans, home loans, payday loans and loan scams continue. The economic crash, fueled by risky loans, should…

If you think you have been mis-sold, you can claim your repayment, provided you raise the case within six years of taking out the loan.It's time to listen to Martin Lewis' advice on payday loans (Image: Getty)There is a hidden clock!-->…

Harry, 26, borrowed £ 400 from Wonga for his best friend's bachelor party in Amsterdam in January. As a trainee accountant in one of the Big Four he earns over £ 30,000, but he had spent a lot by Christmas. He successfully applied on…

Trying to build credit can drive you around in circles. You might be trying to get a credit card, but lenders won't approve you because your credit score is too low. But that's why you're still trying to get a…

SSuccessive UK governments have refused to cap very high interest rates, which is how we allowed Wonga to charge its poor borrowers up to 5.853%. Then this week, Google is shocking everyone by banning ads for payday loans above 36% APR.…

HO CHI MINH CITY - In the Vietnamese action blockbuster "Fury" watched primarily on Netflix, the protagonist puts her gang days behind her and becomes a debt collector. The fact that filmmaker Veronica Ngo, whose recent credits include…

There have been a lot of pointing fingers lately, who is to blame for the unsustainable financial situation of many American families. Among the usual suspects— Wall Street quantitative, ephemeral mortgage brokers, the…

The Consumer Financial Protection Bureau (CFPB) on Thursday released its final rule regarding payday loans as well as certain other consumer credit extensions. These loans are generally small, very short term (often only a few weeks)…

Payday lenders will no longer be able to renew loans more than twice or carry out continuous raids on borrowers' bank accounts to recover their cash following the introduction of new rules by the financial regulator.The rules, which come…

Payday loans are a notorious debt trap. They often prey on vulnerable and desperate consumers and then send them into a downward spiral of debt. Here are the issues customers complain about the most, along with the top five worst…