PayDay lending

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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Payday Lender Wonga Gets £10M Lifeline
Payday Lender Wonga Gets £10M Lifeline
August 06, 2018  |  Investments

Payday loans company Wonga has received a much-needed £10 million cash infusion from Accel Partners and Balderton Capital, among others. The funding will help cover...

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Payday Loan Tycoon Charged With Bankruptcy Fraud
Payday Loan Tycoon Charged With Bankruptcy Fraud
July 03, 2018  |  Loans

After allegedly creating millions of fake debts and selling them to bill collectors, payday loan magnate Joel Tucker was indicted on federal charges. Tucker reportedly...

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Texas Court Rules Against CFPB’s Payday Lending Act Delay
Texas Court Rules Against CFPB’s Payday Lending Act Delay
June 13, 2018  |  Loans

A Texas court ruled on Tuesday (June 12) against delaying the compliance date for the Consumer Financial Protection Bureau’s rule on payday loans. A lawsuit...

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Payday Lending Changes In The Offing For Ohio
Payday Lending Changes In The Offing For Ohio
June 08, 2018  |  Loans

The Ohio House voted in favor of a controversial bill that will make significant changes to the payday and auto title lending industry. “The time...

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Payday Lenders Buff Up Loan Products
Payday Lenders Buff Up Loan Products
June 06, 2018  |  Loans

Payday lenders are now offering an array of new financing products that are sending their stocks soaring. According to Bloomberg, Enova International Inc. shares have...

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Post Office Could Offer Retail Banking Services In New Bill
Post Office Could Offer Retail Banking Services In New Bill
April 26, 2018  |  Banking

A New York senator has proposed legislation that would make retail banking services available at all 30,000 U.S. Postal Service locations nationwide. According to CNBC, Senator...

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Missing The Podium Edition: US Bank, SoFi And Bitcoin On Cards
Missing The Podium Edition: US Bank, SoFi And Bitcoin On Cards
February 19, 2018  |  Data Dive

Not everyone gets a trophy, an inevitable truth discovered by the U.S. Olympic team in Pyeongchang — at least so far. It’s not been a standout year for the...

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Fizzle Of The Week: The Activist CFPB
Fizzle Of The Week: The Activist CFPB
January 26, 2018  |  Sizzle/Fizzle

It seems an era has drawn to a close at the Consumer Finance Protection Bureau (CFPB) as that under Mick Mulvaney, interim director and Office...

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