lending regulations

LendingClub Settles With SEC, DOJ
LendingClub Settles With SEC, DOJ
October 01, 2018  |  Security & Fraud

On Friday (Sept. 30), LendingClub officially closed the door on a two-year chapter in its corporate history that its current board and founding team would...

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Are Big Changes Coming To The Military Lending Act?
Are Big Changes Coming To The Military Lending Act?
August 14, 2018  |  Alternative Finances

Changes may soon be coming to the Military Lending Act (MLA), a piece of legislation designed to prevent military service members from getting swept up...

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The Regulatory Future Of Payday Lending
The Regulatory Future Of Payday Lending
August 14, 2018  |  Alternative Finances

Payday and short-term lending is a contentious topic in the United States, particularly when it comes to its regulation. The loans, usually for small-dollar amounts and...

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Alt-Lenders Vow Transparency After Prospa Backlash
Alt-Lenders Vow Transparency After Prospa Backlash
July 02, 2018  |  B2B Payments

Australia’s alternative finance community has vowed to heighten transparency following criticism over Prospa‘s high interest rates, which caused the FinTech to scrap its initial public...

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China Is Picking Up Oversight Of Banking
China Is Picking Up Oversight Of Banking
January 15, 2018  |  Regulation

The China Banking Regulatory Commission (CBRC) announced this past weekend that it is focusing on boosting oversight of banking and interbank activities. Get the Full...

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Unpaid Student Loans Cost Workers Jobs, Drivers’ Licenses
Unpaid Student Loans Cost Workers Jobs, Drivers’ Licenses
November 20, 2017  |  Loans

Student loans have an unexpected consequence if they go unpaid: Borrowers who default on their payments can lose their state-issued professional licenses. Get the Full...

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