PayDay lending

Morgan Lewis Principal Weighs In On Payday Loan Debate

Morgan Lewis Principal Weighs In On Payday Loan Debate
Morgan Lewis Principal Weighs In On Payday Loan Debate
February 18, 2019  |  Legal & Regulation

The Consumer Financial Protection Bureau (CFPB) said earlier in the month that it will look to overhaul a number of payday loan regulations that were...

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How To See The Customer ‘Beyond The Credit Score’
How To See The Customer ‘Beyond The Credit Score’
February 13, 2019  |  Alternative Credit

“What’s in a name? That which we call a rose by any other name would smell as sweet.” -William Shakespeare, Romeo & Juliet Get the Full...

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Onward Financial’s Employer-Backed Payday Loan Alternative
Onward Financial’s Employer-Backed Payday Loan Alternative
February 05, 2019  |  Loans

You know the story. Critics say that short-term, small-dollar loans push consumers into the hamster wheel of a never-ending debt cycle – one that turns a two-day...

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Changes On Deck For The CFPB’s Payday Lending Rule
Changes On Deck For The CFPB’s Payday Lending Rule
January 22, 2019  |  Alternative Credit

Could it be that the CFPB, under new Executive Director Kathy Kraninger, will be moving directly to eliminate the more controversial provisions of its payday lending...

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State Regulators Sue To Block FinTech Charters
State Regulators Sue To Block FinTech Charters
October 30, 2018  |  Bank Regulation

In the latest salvo over awarding national bank charters to FinTechs spanning tech upstarts across online lending and various payments functions, the Conference of State...

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Pew Pushes Installment Loans As Regulated Payday Alternative
Pew Pushes Installment Loans As Regulated Payday Alternative
October 17, 2018  |  Alternative Credit

Short-term lending – specifically, payday loans – have attracted a lot of attention in recent years, from the media and from the regulators. Get the...

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The Changing Face Of Short-Term Lending
The Changing Face Of Short-Term Lending
October 09, 2018  |  Alternative Credit

About a year ago, the CFPB, which now goes by the BCFP, dropped the final version of its payday lending regulations. This followed a nearly five-year-long process that included debates, discussions and a...

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FTC, DOJ Refund $1.2M To Consumers Hurt In AMG Payday Lending Scam
FTC, DOJ Refund $1.2M To Consumers Hurt In AMG Payday Lending Scam
September 27, 2018  |  Cybersecurity

The Federal Trade Commission (FTC), working in conjunction with the U.S. Department of Justice, announced on Thursday (Sept. 27) that it is mailing 1,179,803 refund...

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