Predatory lenders continue to target poor, Black and Latino communities, siphoning off $103 billion in fees and interests every year, and the rest of us are paying for it, according to a recent report by United for a Fair Economy. [...]

The Obama administration is proposing sweeping changes to a seven-year-old federal law that was intended to shield service members and their families from high-cost loans tied to their paychecks, a move that reflects the Defense Department’s growing recognition that lenders [...]