payday loans

More Regulatory Trouble Could Be Heading Short-Term Lenders’ Way
More Regulatory Trouble Could Be Heading Short-Term Lenders’ Way
November 19, 2019  |  Alternative Finances

Keeping track of the legal status of short-term lending in the U.S. – which encompasses financial products such as payday loans, pawn loans and title loans...

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UK Payday Lender QuickQuid Expected To Shutter By Year-End
UK Payday Lender QuickQuid Expected To Shutter By Year-End
October 25, 2019  |  International

The U.K.’s largest payday lender QuickQuid is expected to close its doors by the end of the year, The Financial Times (FT) reported on Thursday...

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Google Play Store Boots Payday Loan Apps
Google Play Store Boots Payday Loan Apps
October 13, 2019  |  Google

High-interest consumer loans — often known as payday advances — are now banned from having apps on the Google Play store, The Wall Street Journal...

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Why ‘Liquidity As A Service’ Is A Gig Thing
Why ‘Liquidity As A Service’ Is A Gig Thing
August 16, 2019  |  Gig Economy

For gig workers, a growing subset of the economy where at least one-third of the U.S. workforce has taken on project-based work, getting paid in...

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Combating The Payday Loan With On-Demand Wages
Combating The Payday Loan With On-Demand Wages
May 29, 2019  |  B2B Payments

FinTech firms that provide workers with wages on demand (i.e., before payday) emerged with the cash flow challenges of low-wage, hourly workers in mind. Yet,...

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Could Income Share Agreements Displace Payday Loans?
Could Income Share Agreements Displace Payday Loans?
May 29, 2019  |  Alternative Finances

Income sharing is not a common method of financing as of 2019 — though, as of late, it has begun to get much more interest...

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The Problems With Postal Banking
The Problems With Postal Banking
May 16, 2019  |  Alternative Finances

Last week presidential candidate Sen. Bernie Sanders and freshman New York Rep. Alexandria Ocasio-Cortez made a lot of headlines with the Loan Shark Prevention Act —...

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Battle Over Payday Lending Shifts To Public Comments
Battle Over Payday Lending Shifts To Public Comments
May 14, 2019  |  Legal

The battle over payday lending — specifically, how tough U.S. federal rule will be in governing the industry — is heating up as an important deadline looms....

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Max Levchin: What’s Missing From Today’s Financial Literacy Initiatives
Max Levchin: What’s Missing From Today’s Financial Literacy Initiatives
April 29, 2019  |  Alternative Finances

By the numbers, Americans are not a very financially literate people.  According to a Standard & Poor’s Global Financial Literacy survey only about 57 percent...

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