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Lawmakers seek end to triple-digit interest on Payday and Car-Title Loans By Charlene Crowell, (Communication Director, Center for Responsible Lending) A group of Capitol Hill lawmakers is combining efforts and influence to legislatively crack down on predatory lending, nationwide. Seventeen Members of the U.S. House and eight U.S. Senators are supporting companion bills that would slash the cost of payday ...

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US charges 12 in Florida with $20M food stamp fraud scheme

Associated Press FORT LAUDERDALE, Fla. (AP) — Federal investigators say 12 people in Florida are accused of defrauding the government out of more than $20 million by illegally trading food stamps for cash. The Sun Sentinel reports that store owners and employees accepted payments for illegal cash transactions involving no purchases of food. The program, formally known as the Supplemental Nutrition Assistanc ...

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