Short-term loans

Microcredit Puts Loans Within Reach of Emerging-Market Consumers
Microcredit Puts Loans Within Reach of Emerging-Market Consumers
October 18, 2023  |  Consumer Finance

From buy now, pay later (BNPL) to credit card installments, there are diverse credit and lending products available to consumers today. However, for two-thirds of...

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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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Sen. Warren Presses Mnuchin On Recent Issues In Repo Markets
Sen. Warren Presses Mnuchin On Recent Issues In Repo Markets
October 22, 2019  |  Regulation

Recent short-term, or repo, lending issues have Sen. Elizabeth Warren worried that banks could potentially use the problems to justify easing regulations on the banking...

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Building A Better Payday Lending Product
Building A Better Payday Lending Product
September 04, 2019  |  Alternative Finances

Short-term lending has something of a bad rap in the United States — consumer advocacy groups have long accused them of being predatory debt traps, and...

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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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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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Pawn Shops, Payday Lenders Benefit From Gov’t Shutdown
Pawn Shops, Payday Lenders Benefit From Gov’t Shutdown
January 21, 2019  |  Debt

The partial government shutdown, which is now in its fourth week with no sign of ending, is helping out at least two industries: pawn shops...

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Pew Pushes Installment Loans As Regulated Payday Alternative
Pew Pushes Installment Loans As Regulated Payday Alternative
October 17, 2018  |  Alternative Finances

Short-term lending – specifically, payday loans – have attracted a lot of attention in recent years, from the media and from the regulators. A little...

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