PayDay lending

CFPB’s Change Of Payday Lending’s Heart?
CFPB’s Change Of Payday Lending’s Heart?
August 29, 2017  |  Alternative Finances

The final payday lending rules are coming, but reporting by The Wall Street Journal over the weekend suggests that they may not take quite the toll on...

READ MORE >
Everyone Hates Payday Lenders And Check Cashers (Except The People Who Use Them)
Everyone Hates Payday Lenders And Check Cashers (Except The People Who Use Them)
June 27, 2017  |  Loans

Everyone hates consumer lenders — politicians, consumer groups, prayer circles — except the people who use them. They tend to like the products — and...

READ MORE >
New Prepaid Card Rules Survived The CRA (Payday Lending Regs Might Not)
New Prepaid Card Rules Survived The CRA (Payday Lending Regs Might Not)
May 16, 2017  |  CFPB

The Consumer Financial Protection Bureau’s (CFPB) rulemaking authority survived its first big challenge from the now Republican-dominated houses of Congress when an effort to use...

READ MORE >
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,...

READ MORE >
Short-Term Lenders Hope For A Long-Term Future
Short-Term Lenders Hope For A Long-Term Future
March 21, 2017  |  CFPB

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...

READ MORE >
Payday Lenders Seek Relief From Courts
Payday Lenders Seek Relief From Courts
November 28, 2016  |  Alternative Finances

Payday lenders in the U.S. are facing what they call a threat to their survival. The companies petitioned a federal judge in Washington, D.C., for...

READ MORE >
Racecar Driver Scott Tucker Owes The FTC $1.27 Billion Over Deceptive Payday Lending
Racecar Driver Scott Tucker Owes The FTC $1.27 Billion Over Deceptive Payday Lending
October 05, 2016  |  Alternative Finances

Professional racecar driver Scott Tucker and companies he owns reportedly owe the Federal Trade Commission $1.27 billion over deceptive payday lending practices. According to a...

READ MORE >
As The Comment Period Comes To A Close, Legislators Diverge On Payday Lending
As The Comment Period Comes To A Close, Legislators Diverge On Payday Lending
October 04, 2016  |  Alternative Finances

T-minus five days and counting. That’s how many days are left for the public to comment on the CFPB’s draft payday lending regulations. First proposed in...

READ MORE >