Maranda Brooks appears in January outside a loans that are payday that she used to constant. Troubled by customer complaints and loopholes in state laws and regulations, federal regulators are proposing expansive, first-ever rules on payday lenders, directed at assisting cash-strapped borrowers from dropping into a period of financial obligation. Tony Dejak/AP hide caption

Maranda Brooks appears in January outside a payday advances company that she used to constant. Troubled by customer complaints and loopholes in state laws and regulations, federal regulators are proposing expansive, first-ever guidelines on payday lenders, directed at assisting cash-strapped borrowers from falling as a period of financial obligation. Continue reading ‘Payday Advances And Endless Cycles Of Debt Targeted By Federal Watchdog’ »