payday loans

Consumers Still Have Much To Learn To Reach Financial Literacy

Consumers Still Have Much To Learn To Reach Financial Literacy
Consumers Still Have Much To Learn To Reach Financial Literacy
April 24, 2019  |  Financial Inclusion

As Financial Literacy month comes to a close, we take a look at how consumers are faring with their finances. Despite being saddled with debt,...

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Earnin Investigated For Offering Covert Payday Loans
Earnin Investigated For Offering Covert Payday Loans
April 05, 2019  |  Regulation

Silicon Valley-based financial services startup Earnin has potentially run afoul of New York State regulators with its payday advance product for consumers. The New York...

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Stay On CFPB Payday Lending Rule Upheld
Stay On CFPB Payday Lending Rule Upheld
March 25, 2019  |  Regulation

A federal judge late last week ordered a stay on the August 2019 compliance date tied to the “payday lending rule” mandated roughly two years...

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Morgan Lewis Principal Weighs In On Payday Loan Debate
Morgan Lewis Principal Weighs In On Payday Loan Debate
February 18, 2019  |  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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New Paths And Pressures For Payments
New Paths And Pressures For Payments
February 08, 2019  |  Today In Data

The payments landscape in Europe is set to change later this year, with PSD2 joining GDPR in a kind of early 21st-century digital balancing act....

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CFPB Payday Lending Rules 2.0 — What’s Next
CFPB Payday Lending Rules 2.0 — What’s Next
February 07, 2019  |  CFPB

The next chapter in the ongoing saga that is payday loan regulation officially began yesterday (Feb. 6), with the announcement that the Consumer Financial Protection...

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CFPB To Overhaul Payday Lending Rule
CFPB To Overhaul Payday Lending Rule
February 06, 2019  |  Regulation

As part of a move to revise a payday loan regulation from the Obama era, the Trump administration on Wednesday (Feb. 6) revealed a plan...

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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 Finances

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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