Short-term loans

Scott Tucker To Appeal Payday Lending Conviction
Scott Tucker To Appeal Payday Lending Conviction
October 16, 2017  |  Legal

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...

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Payday Lending Viewed From Inside A NY Courtroom
Payday Lending Viewed From Inside A NY Courtroom
October 04, 2017  |  Legal

The payday lending and debt collection industry is controversial, to say the least, and it is getting a day in court. As The Wall Street...

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Bankers To CFPB: Help Us Help Families In Need
Bankers To CFPB: Help Us Help Families In Need
September 28, 2017  |  Bank Regulation

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...

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When The Payday Lending Rule Drops, Opponents Are Ready To Attack
When The Payday Lending Rule Drops, Opponents Are Ready To Attack
September 19, 2017  |  CFPB

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...

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What The People Think Of Payday Lending
What The People Think Of Payday Lending
April 25, 2017  |  Alternative Finances

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,...

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Fundbox Picks Up $40 Million For On-Demand Invoicing
Fundbox Picks Up $40 Million For On-Demand Invoicing
March 20, 2015  |  Alternative Finances

Invoice-lending startup Fundbox has pulled in another $40 million from investors to help small businesses survive until they get paid for outstanding invoices, TechCrunch reported...

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Are Walmart Banks Really Ripping Off Consumers?
Are Walmart Banks Really Ripping Off Consumers?
May 15, 2014  |  Mobile Commerce

A recent Wall Street Journal report on the short-term loan practices used by many low-income consumers paints an unlikely picture of individuals willing to pay...

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