The government is making changes to its controversial loan laws, following complaints that it was preventing some people in a decent financial position from getting mortgages and other loans. By Kathryn Armstrong The rules were changed in December in a bid to protect people against loans they could not afford.Read More →

By Ismail Amla, Executive Vice President, Professional Services, NCR Corporation The benefits of financial inclusion are known and numerous. Households that lack access to bank accounts or relatively affordable mechanisms for receiving, paying, and spending money end up spending a significantly higher percentage of their income on cash-intensive financial options.Read More →

The Payday Loans Services Market research report is a unique research guide that gives a total assessment of the Payday Loans Services market outline and covers the current status review and development factors , current market patterns and current situation survey. Sagacious assessment is done to assess the rate ofRead More →

WASHINGTON, March 2, 2022 /PRNewswire/ — Former US Comptroller of the Currency and Current President of LISEP Gene Ludwig and CEO of NACA Bruce Marks today announced a groundbreaking loan program for minority-owned businesses. Economic Justice Loans will be a model for financial institutions, financial regulators and government to addressRead More →

Here’s a breakdown of payday loan demographics by parental status. Parents are more likely to take out payday loans than non-parents. Parental status Percentage having used a personal loan non-relative 5% relative 8% payday loans in america The rates and terms of payday loans can vary widely by state. SomeRead More →

OPED By Vaishali Basu Sharma Since the Covid-19 pandemic, China has been trying to present itself as a reliable partner for economic recovery. But much like China’s vaccines that have raised questions about their effectiveness, the country’s partnership in economic recovery comes with waste, fraud and political manipulation. Furthermore, BeijingRead More →

The CFPB should reconsider Trump-era guidelines that exempted certain earned wage access products from federal lending laws, as states consider their own safeguards for the rapidly growing industry. Consumer advocates have lobbied for the Consumer Financial Protection Bureau to rescind a November 2020 advisory opinion stating Earned Wage Access (EWA)Read More →

Consumer advocates fear loopholes in lending laws could open the floodgates to predatory lending for millions of vulnerable Australians. Key points: Experts say many people seek out payday loans when they are in financial difficulty But some lenders often charge significant fees Consumer advocates say payday lenders can dodge theRead More →

NEW YORK, January 12, 2022 / PRNewswire / – The Bedrock Care Group, operator of a health and care establishment, has joined forces with DailyPay to allow healthcare professionals instant access to their earned income. The partnership gives Bedrock Care Group employees more financial flexibility during this difficult time forRead More →

Some applicants might have trouble receiving short-term loans, even though they are meant for those who can’t get credit elsewhere. The majority of payday loan applicants take out loans to cover an immediate expense. These types of situations require fast loans processing and quick payments. Although these loans are generally considered safe,Read More →

From promoting extensive dental care for those in need, to conserving marine life to promoting new fishing methods, Pew worked with various organizations in 2018 to improve public policy, educate the public and energize civic life. Philadelphia Arts Building on its initial success in Philadelphia, the public art and historyRead More →

People should be careful to avoid a Christmas hangover, financial advisers have warned, despite Australians cutting their credit card bills in the uncertainty of 2020. Key points: Credit card balances fell $ 11.7 billion this year Buy-It-Now and Pay-On-Pay services continue to grow in popularity Financial advisers typically see increasedRead More →

GREAT BRITAIN is gripped by alarming awareness. Not only do we live in an unequal society, but years of austerity have steadily increased the number of those who find themselves dangerously close to calamity. The predictions are that the post-pandemic economic impact will be greater than the 2008 financial crisis.Read More →

Update March 31, 2015, 7:11 p.m. Watchdog ASIC is investigating a payday lender accused of lending to drug addicts, gamblers and illiterate people, as well as changing the terms of loan contracts after they are signed. All four corners of the ABC discovered disturbing conduct by online lender Good2Go Loans,Read More →

Certain types of debt incurred by parents can have adverse effects on children’s socio-emotional well-being, according to a new study by researchers at the University of Wisconsin at Madison and Dartmouth published by the journal Pediatrics. The study sheds new light on the link between debt and family well-being, asRead More →