Feds: Payday lender charged 700 percent interest on loans

Feds: Payday lender charged 700 percent interest on loans Charles M. Hallinan walks through the Federal Building in Philadelphia on April 7, 2016 thursday. Hallinan, the top of the lending that is payday accused of charging significantly more than 700 % interest on short-term loans ended up being indicted Thursday on federal racketeering fees. Associated [...]