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$300 loans offer a lifeline – and an apprenticeship – for students – archyde
Quick loans from the UAB Regional Institute for Financial Education are available in as little as 24 hours. They can help any Blazer student who experiences an unexpected loss of income, housing or medical issues, or a…
Why it’s important to diversify your investment portfolio
Editorial independenceWe want to help you make more informed decisions. Certain links on this page - clearly marked - may direct you to a partner website and allow us to earn a referral commission. For more information, see How we make…
What to expect when you take out payday loans
What can you do when you get payday loans?
Payday loans can be a great option to access cash fast when time is at a premium. They are designed to be payback when the borrower's next pay period is. And they are able to be used to cover a…
“CashPlease”: a small bank launches an alternative to payday loans
This week, Wells Fargo joined the list of big banks introducing short-term credit products — and the much smaller OneUnited Bank in Boston unveiled its own version, designed as an alternative to payday loans.OneUnited's loan, called…
Student loan processor Navient cancels $1.7 billion in student loans
Navient, one of the largest student loan managers, will cancel $1.7 billion in private student loans after a deal reached with 39 states.The settlement, announced Thursday, stemmed from accusations that the lender had made loans to millions…
Cap on payday loan rates is bad news for those who need it
Kent Kaiser
| The Detroit NewsLate last year, the so-called "Michiganders for Fair Lending" launched a ballot initiative that would do anything but make lending fairer in Michigan. They named this monstrosity the “Michigan Payday Loan…
What Tennessee Consumers Need to Know About High Cost Loans
Between gifts, trees, decorations, food and other holiday-related expenses, the end of the year can turn into spending whirlwind. Now, as we head out of the holiday season, the bills are coming due and some Tennessees are understandably…
The Future of Fintech in 2022
Financial institutions are looking for new ways to generate revenue, while providing more personalized customer service. Financial Technology or Fintech is a great solution that can help them do both.
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Facebook contractors threaten to stop work over missing paychecks
Facebook moderators at an Accenture location in Austin are facing a payroll disaster that has left many without their vacation paychecks. Site workers handle moderation, customer service and other tasks for Facebook and WhatsApp - and a…
Property taxes keep rising: What retirees should do — and not do — if they can’t afford them
Whether the boiling housing market cools – as some real estate analysts have speculated – or not, millions of homeowners have already been burned by the property tax spikes that have accompanied the skyrocketing value of their homes. .…
Oportun Personal Loans Review 2022 – Forbes Advisor
Personal loan applications are approved or denied based on a number of factors. All lenders have their own unique underwriting requirements, but these typically include information from the applicant's credit profile…
Payday loan program defrauded millions of investors, SEC says
Miami - The owner of a Miami-based payday loan company defrauded hundreds of investors out of millions of dollars and paid off others with money he acquired through a Ponzi scheme, according to a newspaper article and federal…
CFPB closes payday lender it calls venture capital ‘darling’
The Consumer Financial Protection Bureau has forced payday loan company LendUp to stop making new loans and stop collecting some outstanding loans as part of a resolution to a lawsuit alleging the company is failing.…
Thousands of payday loan and home loan debt canceled for Satsuma and Provident customers
THOUSANDS of customers who have taken out payday loans and borrowed money through home loans have had their debts forgiven.
Anyone with an outstanding loan with Provident or Satsuma will no longer need to repay what they owe.
1Thousands of…
93% of payday loan borrowers regret taking their loan, survey finds
Payday loans can be a debt trap for borrowers who cannot afford to make payments. Here's how you can pay off your payday loan balance before it's sent to debt collectors. (iStock) Payday lenders prey on borrowers with bad…
Payday loans are a problem. Can a public bank be part of the solution?
When the coronavirus first posed a threat to the health and finances of Americans, Tiffany Moore of Forest Park first turned to an installment lender hoping for financial relief.
The good news: She was approved for a $9,500 loan to…
Utah senator fights to protect payday loans
https://www.youtube.com/watch?v=ZiWL11hIBgMStudents don't just care about finals, but also how they will pay for the upcoming semester. Tuition for the winter semester is due on December 24, and students are rushing for cash just to pay…
Michigan coalition plans campaign to cut payday loan rates
Lansing — A coalition of Michigan groups has taken the first step toward launching a petition campaign to drastically reduce the rates that payday lenders can charge customers for short-term loans.Last Wednesday, a ballot proposal committee…
Global Payday Loans Market Report (by Type, Marital Status)
Dublin, Nov. 22, 2021 (GLOBE NEWSWIRE) -- The "Payday Loans Market Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to from ResearchAndMarkets.com offer.Rising awareness of payday loans among young people and…
Best alternatives to payday loans to consider in times of crisis
Getting quick access to cash can be difficult at the best of times. It can be even more difficult when times are tough.If you're short on cash, a payday loan might seem like the only option, but there's rarely a good reason to get one.Even…
What is a payday loan?
Payday loans provide a quick influx of cash, but should be considered options of last resort.
You could pay interest rates equivalent to…
Restoring the morality of small dollar loans
Scholar argues that policymakers should reconsider usury laws and introduce state-owned banks to combat payday lending.How can regulators make capitalism more moral?In a recent article, Mehrsa Baradaran recommended that regulators return…
CFPB payday rule under threat again, possibly paving way for more EWA programs | Wilson Sonsini…
On August 31, 2021, the District Court for the Western District of Texas upheld the payment provisions of the Consumer Financial Protection Bureau's (CFPB) 2017 rule "Payday, Vehicle Title, and Certain High-Cost Playment Loans" ( payday…