Pandemic energized unfair, deceptive, illegal financial schemes, feds find
The pandemic shuttered many businesses but sparked a wave of shady financial practices
Payday Loans
Payday Loan Site SoLo Funds Concealed Sky-High Interest Rates as Tips, States Allege
"Tips" and "donations" concealed the actual price of the loan, states charged.
California Planning Crackdown on 'Fintech' Payday, EWA Lenders
EWA loans let workers get at wages before payday rolls around, but the money comes at a cost.
TitleMax Fined $10 Million for Overcharging Military Families
TitleMax fined $10 million for "predatory lending to military families" and others.
¿NECESITA DINERO RÁPIDO? BUSQUE ALTERNATIVAS A LOS PRÉSTAMOS DE DÍA DE PAGO
Todo el mundo se encuentra de vez en cuando con falta de dinero en efectivo, y puede ser difícil pensar en formas de conseguir suficiente dinero para pasar una mala racha.
Es entonces cuando mucha gente recurre a los préstamos de día de pago, el equivalente moderno a pedir prestado
State Attempts to Rein In Payday Loans 'Not Working'
States have been trying to put a lid on the excessive interest rates charged by the payday loan industry but those attempts aren’t working, according to the Consumer Financial Protection Bureau (CFPB).
“Our research suggests that state laws that require payday lenders to offer no-cost extended repayment plans are
Predatory Payday and Car Title Loans Targeted by Senate Bill
Payday and car title loans trap millions of consumers in a revolving cycle of debt every year despite attempts by states and consumer activists to restrict them. That could change if a U.S. Senate bill reintroduced by Sen. Sherrod Brown (D-Ohio) and others passes.
The Veterans and Consumers Fair