High-interest loans affect entire communities – not just individual borrowers
This cycle puts a strain on public assistance, nonprofits, churches and businesses. In the study…
Monthly Archives: March, 2021
Hamilton ACORN executives target predatory lenders to demand lower interest rates
Hamilton ACORN executives delivered a letter of formal notice this week to two of Concession…
Colorado Payday Lenders May Close Soon With New Interest Limits
Nati Harnik / AP Photo In this photo from Friday, February 17, 2017, an unidentified…
High-cost credit companies criticized for suggesting customers borrow more to finance ‘exotic’ vacations
The Financial Conduct Authority (FCA) said a review conducted before the onset of the coronavirus…
Trump administration just ousted payday lending regulations
Protesters stand outside the headquarters of the Consumer Financial Protection Bureau in Washington, DC on…
6 ways to improve your finances during a recession
For many, this pandemic has been a wake-up call to get their finances back on…
What Happens About Payday Loans? – To hack
What would you say if someone told you that you could have $ 2,000 in…
The expansion of predatory lending does not solve financial problems
Representative Sarah Anthony and Mayor Andy Schor, guest writersResidents of Lansing need to be on…
Wonga 2.0? Meet the New Generation of Payday Lenders | Payday loans
The worst payday lender known to offer short-term loans at outrageous interest rates may have…
What you need to know about taking out a cash advance | Savings and budgeting
Sometimes we hear advice so often – don’t do this, don’t do that – that…
Lawyer gets eight years in U.S. jail for payday loan scheme
(Reuters) – A Delaware lawyer was sentenced to eight years in prison on Friday for…
A potential winner from government shutdown – payday lenders
While the partial government shutdown is largely bad news for American businesses, payday lenders seem…
Should you pay off credit cards or loans first?
If you’re paying off credit cards and installment loans, you might be wondering what to…
LendUp or Elevate: which is the best payday loan for you?
Payday loans can be quite risky. The typical interest rate is around 400.00%, according to…
Trump makes payday lenders easier to tackle Americans hit by job losses
The administration is on the verge of rescinding another Obama-era regulation created to protect Americans.…
Access to earned wages is growing
For most Americans, payday is an ingrained part of their daily life that they more…
Let’s not restrict consumers’ access to credit
Perhaps coincidentally, an organization that is not totally alien to lesser-reputable financial institutions, the Center…
Best installment loans for September 2021
How do installment loans work?Once you are approved for an installment loan, the lender usually…