Kansas City businessman Scott Tucker was found guilty on racketeering charges for interest rates of as much as 700 percent on short-term loans. According to...
By now, the sobering statistics are familiar: Nearly half of American adults say they could not cover an unexpected expense of $400, according to the...
The new rules are coming for payday lenders, and opponents of those rules are readying themselves for what will likely be a fairly dizzying battle...
The Consumer Financial Protection Bureau is gearing up to scale back its rule on payday lending, giving the industry a potential break from oversight. According...
One U.S. lawmaker has begun to inquire about SMB alternative lending practices, according to JD Supra news reports. Rep. Emanuel Cleaver II (D-Mo.) has reportedly sent letters...
Everyone hates consumer lenders — politicians, consumer groups, prayer circles — except the people who use them. They tend to like the products — and...
A new artificial intelligence–based app Dave, launched Tuesday (April 25) aiming to save consumers for costly overdraft fees. According to a report in TechCrunch, users...
A lot has been said and written about payday loans. In fact, there’s been a literal deluge of data on the subject: stacks of studies,...
What is short-term lending’s long-term future? That’s the question on most segment watcher’s lips as 2017 gets up and running — and as millions nationwide...