Mississippi reporter misunderstands no credit check payday loans

Mississippi House Bill 455 extended the life of payday loans in the state. A Clarion-Ledger reporter objects but doesn't have a good argument.
A “Welcome to Mississippi” road sign that labels the state “Birthplace of America's Music.”

Shariah Islamic stock index opens in India

The BSE TASIS Shariah 50 – a Shariah-compliant Islamic stock index – has opened for business in India. It taps a trillion-dollar industry...
Islamic traders who use Shariah law to guide their investment choices.

Usury and payday loans: An unreasonable comparison

Payday lending has been called usury by some, but a closer look at secular and religious history poses a serious challenge to that idea…
A woman wearing a dress made of gold coins. That's exorbitant and unreasonable, at least in most people's minds. Payday lending is neither of those things, as you'll see.