PYMNTS-MonitorEdge-May-2024

payday loans

Wonga Goes Belly-Up
Wonga Goes Belly-Up
August 31, 2018  |  International

The U.K.’s largest payday lender is shutting down after a surge in complaints from former customers. According to Financial Times, Wonga confirmed on Thursday (Aug....

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CashCall, Courts And California’s Increasingly Confusing Lending Market
CashCall, Courts And California’s Increasingly Confusing Lending Market
August 15, 2018  |  Alternative Finances

Headquartered in Orange County, California and founded in 2003, CashCall is a big firm that consumers likely know best from its early commercials featuring the...

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Navy Federal Deploys Financial Literacy To The Front Lines
Navy Federal Deploys Financial Literacy To The Front Lines
August 15, 2018  |  Credit Unions

Frequent deployments and transfers can leave many military families dependent on a single income source. A lack of financial education can leave them vulnerable to...

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How Navy Federal Keeps Service Members’ Finances In Shipshape
How Navy Federal Keeps Service Members’ Finances In Shipshape
August 14, 2018  |  Credit Unions

In military life, alliances often provide key support to those on the front lines, helping them stay safe and be prepared for unexpected developments. The...

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CFPB Settles With Payday Lender Over Scam Fees
CFPB Settles With Payday Lender Over Scam Fees
August 13, 2018  |  CFPB

The Consumer Financial Protection Bureau announced Friday (August 10) that it entered into a settlement agreement with Richard Moseley, Sr., Richard Moseley, Jr., and 20 interrelated...

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How Digital Disbursements Tools Are Changing Low-Dollar Lending
How Digital Disbursements Tools Are Changing Low-Dollar Lending
August 02, 2018  |  Disbursements

Forty-four percent of employees say they’ve been paid late due to issues arising from manual payroll processing and other discrepancies. In latest Disbursements Tracker, PYMNTS...

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TRENDING: Digital Disbursements Plus P2P Lending Reinvent Payday
TRENDING: Digital Disbursements Plus P2P Lending Reinvent Payday
August 01, 2018  |  Disbursements

When payday comes, employees expect to have easy access to their wages. If the money doesn’t arrive on time, relationships can often be frayed, leading...

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Why Household Finances Under The Hood Don’t Look So Good
Why Household Finances Under The Hood Don’t Look So Good
July 23, 2018  |  Payments Innovation

Paul McCartney and The Beatles may have told us that money can’t buy us love, but new research claims that it can certainly buy us...

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Payday Loan Tycoon Charged With Bankruptcy Fraud
Payday Loan Tycoon Charged With Bankruptcy Fraud
July 03, 2018  |  Loans

After allegedly creating millions of fake debts and selling them to bill collectors, payday loan magnate Joel Tucker was indicted on federal charges. Tucker reportedly...

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