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...
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...
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...
High-interest consumer loans — often known as payday advances — are now banned from having apps on the Google Play store, The Wall Street Journal...
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...
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,...
Income sharing is not a common method of financing as of 2019 — though, as of late, it has begun to get much more interest...