In today’s top news, Fifth Third Bank has launched an early wage access tool, and two large German FinTechs have agreed to merge. Plus, Outdoorsy...
The regulatory gaze on payday lending is tightening. To that end, as reported by the Associated Press, Congress has voted to overturn Trump-era regulations that...
Amid the pandemic, a ceiling on payday loans extends … state by state. Get the Full Story Complete the form to unlock this article and...
For workers living paycheck to paycheck even before COVID-19, having their hours cut back due to the pandemic can stretch already tenuous financial situations to...
A Kansas City payday loan company and its operator will be compelled to pay $132.5 million in restitution to borrowers the company duped, if a...
The death of U.S. payday lending has long been forecast, as opponents complain that short-term, high-interest loans offer consumers little more than an opportunity to...
Cash App, Square Inc.’s mobile payment app, has launched a pilot program to offer short-term loans of up to $200, TechCrunch reported. Get the Full...
Earlier this week, the Consumer Financial Protection Bureau (CFPB) issued its final rule on payday lending — revoking some would-be restrictions that date back roughly...
The chairwoman of the U.S. House Committee on Financial Services, Maxine Waters, told the head of the Consumer Financial Protection Bureau (CFPB), Kathy Kraninger, that...