March 2021

Payday loans are short term loans with very high interest rates. In fact, the Consumer Financial Protection Bureau (CFPB) warns that payday loans typically charge an APR of around 400%. Unfortunately, since the costs of payday loans are…

WASHINGTON - A growing industry of financial apps that allow workers to access their wages earlier is under scrutiny by regulators to prove they are different from payday lenders.Several startups have launched services to provide workers…

I think most can agree that when it comes to borrowing money - and lending it, for that matter - everyone should be treated fairly. Recently, various politicians across the country have taken on payday lenders by calling for loan interest…

One of Nevada's largest payday lenders is once again facing a state regulator in court in a case testing the limits of legal restrictions on refinancing high-interest short-term loans. The state's financial institutions division,…

As members of Congress push to allow payday lenders access to federal loans, data shows their business in Kentucky plummeted when the pandemic struck. The industry processed about 20% fewer loans in March than in March, according to a…

Main Street Memories, a small boutique in Fredericktown, is best known as a vintage and antique gift shop. But, in a pinch, it can also serve as a perfectly slim sniper nest.…

Attorney General Letitia James highlighted some of the top scams New Yorkers face to kick off National Consumer Protection Week. Citing the COVID-19 pandemic, James said internet-related and price hike scams…

Payday loans targeting the financially vulnerable are being taken out at a rate of over 30,000 per week, with the amount borrowed in Australia on track to reach $ 1.7 billion by the end of the year. New industry data to be released on…

When people turn to a payday loan business for cash, it is probably because they have no other way to borrow money and they need the money now.They agree to pay the exorbitant interest rate imposed by the lender. Currently, the interest…

The importance of having savings was certainly brought to the fore during the COVID-19 pandemic, as many people found themselves living and often depleting their emergency savings due to illness or illness. a job loss. For example, a study…

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A payday loan, also known as a “check loan” or “cash advance,” is a short-term loan typically capped at $ 1,000 that is normally payable on your next payday. These loans are primarily preferred by people who cannot access regular…

summary Top Best Banks in Canada The best big bank for everyday banking: Scotiabank Scotiabank was founded in 1832 and has since grown its assets to over $ 850 billion, ranking it third in the Big Five in terms of asset size. For its…

The UK's largest payday lender is at risk of entering administration, a year after rival Wonga collapsed amid an increase in complaints. The US owner of CashEuroNet UK, which operates the QuickQuid and On Stride brands, is considering…

IInvesting in the stock market is one of the smartest steps you can take to improve your finances and build long-term…

TORONTO - Due to the COVID-19 pandemic, more people are using the services of payday and installment loan companies, which charge higher fees and interest rates than traditional banks , according to an anti-poverty group.…

Since the dawn of the Internet age, the payday loan industry has grown tremendously. Nowadays, more and more people are using the Internet to borrow money when an unforeseen expense arises. Thousands of payday lenders are flocking to…

Something very important, affecting millions of consumers, will not happen on Monday. That's when new protections against predatory lenders and auto title lenders took effect, requiring companies to ensure that borrowers can repay their…

In times of desperation or financial uncertainty, a payday loan can be a way to get money quickly, provided the applicant accepts the terms and conditions set by the lender. According to lawsuits over the past few years across the…