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Why payday loan use is on the rise durin...

Payday lenders targeting low-income people are nothing new. Short-term, high-interest loans which are often intended for minorities in rural areas, have the potential to create a spiral of debt from which many find it difficult to break free. In 2018, for example, more than 33,000 payday loans were taken out each week in Alabama, according […]

Russia’s delinquent payday loan portfoli

The number of overdue payday loans in Russia hit a record 5.4 million in February, according to credit rating agency Equifax. In total, Russians owe 172 billion rubles ($2.2 billion) to microfinance organizations – very short-term loans that usually come with high interest rates and are designed to keep borrowers going for a few weeks. […]

IU Health Center offers virtual resource...

The Student Health Center is one of the main providers of sexual health resources at IU. Students can access resources ranging from contraception to one-on-one sexual health counseling with a certified sexuality educator. Heather Eastman-Mueller, deputy director of sexual and reproductive health, said the Student Health Center’s sexual and reproductive health department offers a variety […]

What happens when you can’t repay a payd

A payday loan default can result in bank overdraft fees, collection calls, damage to your credit scores, a day in court, and garnishment of your paycheck. Don’t think it can’t happen because you only borrowed $300. “If you have a valid, binding legal agreement to pay that debt, and you’re in a state where they […]