Gordon Martinez (left), leader of the group Faith in Texas and payday loan borrower, marches before a Consumer Financial Protection Bureau field hearing in Kansas City, Mo., on June 2. Wes Helm/Faith In Texas hide caption

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Wes Helm/Faith In Texas

With Payday Loans Burying Borrowers, Community Tries Alternatives

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Payday lender ACE Cash Express is seen on San Mateo Boulevard in Albuquerque, N.M. High-interest lending practices are being targeted by new federal regulations. Vik Jolly/AP hide caption

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Vik Jolly/AP

New Rules To Ban Payday Lending 'Debt Traps'

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Maranda Brooks stands in January outside a payday loans business that she used to frequent. Troubled by consumer complaints and loopholes in state laws, federal regulators are proposing expansive, first-ever rules on payday lenders, aimed at helping cash-strapped borrowers from falling into a cycle of debt. Tony Dejak/AP hide caption

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Tony Dejak/AP

Payday Loans — And Endless Cycles Of Debt — Targeted By Federal Watchdog

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A payday store in Madison, Wis., Ryan J. Foley/AP hide caption

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Ryan J. Foley/AP

Petula Dvorak talks with guest host Allison Keyes

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