A new study says borrowers typically obtain payday loans to cover regular living expenses rather than an emergency expense.
Consumer watchdogs want to stop banks from offering short-term, high-cost advances on paychecks and other direct deposits.
The new CoreScore report and a new credit score based upon it will tap information the three major credit bureaus don't. Is it fair to consumers?
That first easy loan can lead to an endless cycle of ever-growing payments before you know it. Make sure you don't slide down this slippery slope.
The question remains whether recipients -- who have already been scammed -- will think the refund checks are fraudulent and toss them.
If you can pay it off quickly, a payday loan may be the way to go. Be careful, though.
Some big banks provide a product that's not quite as loathsome as a payday loan, but it's close, and it may become more widely available.
VIDEO ON MSN MONEY
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
Serious issues like drought and the deterioration of the developed world spell opportunity for this industry leader.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
Saving just a single month of expenses may take longer than you think. See how your savings rate affects how quickly you can build a solid emergency fund.
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'