Learn about per diem interest, how it's calculated, its role in loans like mortgages, and why it's essential for borrowers to understand before closing a loan.

Discover what subprime loans are, who qualifies as a subprime borrower, and how they contributed to the financial crisis.

WASHINGTON, D.C. -- Payday lenders, facing a clampdown by regulators who object to their high interest rates and practices that trap low-income consumers in debt, are fighting back by having borrowers ...