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You Searched For "payday loans" and got 19 results


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2 mins read

6 Outrageous Facts That Show How Payday Lenders Screw Consumers

Payday loan stores tend to aggregate in areas with higher rates of poverty. The six counties in Cal…

Hayley Peterson   

Oct 25 2013 19:47 IST

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3 mins read

How Marketers Use Big Data To Prey On The Poor

"The products companies described to the Committee include consumer profiles characterizing consume…

Aaron Taube   

Dec 19 2013 17:49 IST

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5 mins read

Payday lenders target communities of color. But fintechs offering small-dollar loans and flexible wages may help break the debt trap.

Fintechs offering small-dollar loans and early access to wages could help break minority communitie…

Shannen Balogh   

Jun 30 2021 14:15 IST

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A Rare 'Payday Lending' Case Sheds Light On A Mysterious Multibillion-Dollar Industry

The problem persists because payday lending companies find ways to skirt legislation in many states…

Corey Adwar   

Aug 12 2014 18:38 IST

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A Rare 'Payday Lending' Case Sheds Light On A Mysterious Multibillion-Dollar Industry

The problem persists because payday lending companies find ways to skirt legislation in many states…

Corey Adwar   

Aug 17 2014 14:29 IST

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2 mins read

Montel Williams won't be doing those short term loan commercials anymore

It appears MoneyMutual wasn't the only usurious player in the payday lending game, Lawsky's office …

Jonathan Marino   

Mar 10 2015 16:18 IST

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6 mins read

Thousands are flocking to a credit card that helps people repair their bad FICO scores and avoid payday loans

Without access to credit cards or traditional bank loans, these people have turned to alternative l…

Alex Morrell   

Aug 25 2024 17:49 IST

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5 mins read

Shannen Balogh   

Jan 24 2020 13:07 IST

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2 mins read

The agency the White House just took over is about to feed us to loan sharks

The CFPB, created by Dodd-Frank legislation during the financial crisis, is tasked with keeping Ame…

Linette Lopez   

Jan 17 2018 17:38 IST

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Controversial payday lender Wonga cutting 325 jobs to save £25 million

"However, Wonga can no longer sustain its high cost base which must be significantly reduced to ref…

Lianna Brinded   

Feb 24 2015 10:42 IST

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4 mins read

Well Done, Washington! Your Stupid New Rules Have Made Banks Refuse To Serve Poor People

Clamping down on payday loans would make more sense if regulators had not made it harder for retail…

The Economist   

Feb 18 2013 13:21 IST

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3 mins read

In unearthed audio, payday lenders were caught discussing how to raise money for Trump's reelection in order to thwart new regulations

The webinar opens a window into the payday lending industry's strategy as it attempts to fend off t…

Joseph Zeballos-Roig   

Oct 29 2019 16:57 IST

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Judge says race car driver Scott Tucker owes $1.27 billion to the Federal Trade Commission for payday lending scheme

In a decision late on Friday, Chief Judge Gloria Navarro of the federal court in Las Vegas, Nevada …

Jonathan Stempel   

Oct 03 2016 20:40 IST

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Fintech Wagestream helps 50,000 furloughed staff access wages early as coronavirus ravages hospitality and travel

Wagestream, founded in 2018, has raised £59.5 million ($73 million) to-date from Balderton Capital …

Callum Burroughs,Callum Burro…   

Apr 03 2020 11:06 IST

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3 mins read

Shannen Balogh   

Feb 26 2020 14:02 IST

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This is why a lot of economists aren't sure payday lending is such a bad thing

Researchers have only begun to investigate the cause of rollovers, and the evidence thus far is mix…

Mike Bird   

Oct 19 2015 12:36 IST

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Britain's biggest payday lender is getting destroyed by regulation

"Following the end of the financial year we secured a €30 million debt facility, a major vote of co…

Matthew Nitch Smith   

May 04 2016 09:58 IST

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1 min read

The high-frequency trading firm KCG is up 23% on a report Virtu Financial wants to buy it for $1.2 billion

KCG, founded in 2013 and based in New York, does high-frequency trading, electronic execution, inst…

Portia Crowe   

Mar 15 2017 20:18 IST

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4 mins read

I paid off $40,000 of student loans in 2 years thanks to 3 smart habits

By putting every spare dollar toward his student loan debt, he was able to pay back his student loa…

Eric Rosenberg   

May 26 2020 18:49 IST