CHICAGO (Legal Newsline) – Illinois Attorney General Lisa Madigan filed five lawsuits on Tuesday against online payday lenders and a loan lead generator for allegedly offering illegal, expensive, ...

Twelve million Americans have fallen prey to the vicious cycle of payday loans. On the surface, a payday loan is a short-term loan to help an individual make ends meet until the following payday.

Illinois got rid of storefront payday loans. But savvy marketing campaigns have tricked consumers into turning back to paying ...

One loan leads to two, or three, or, in Robinson’s case, 13 separate loans. Believing that she had been taken advantage of by a system that preys on the desperation of the poor, Robinson found an ...