The committee was formed in response to a council inquiry regarding the licensing of payday loan establishments and the need ...
If price rises weren’t supported by debt, they’d be totally non-viable. Nobody would expect markets to simply absorb such big ...
Fintech lenders often get criticized for high rates or fees on their consumer lending. But there's an argument to be made ...
A Pittsburgh trial judge ruled that a loan provider's arbitration agreement was unenforceable. The judge determined the ...
Despite lawsuits, prosecutions and federal crackdown attempts, the tribal lending industry has adapted for over a decade, ...
Lauren Saunders, associate director of the National Consumer Law Center, said companies like MoneyLion are a "new breed" of fintech payday loan companies. A payday loan is a short-term, high-interest ...
Some worry the partner MoneyLion, an app that sends cash advances — often for a fee to workers living paycheck to paycheck — ...
Angela Burdorf became the eighth person to be sentenced – the fourth since November – as part of a federal investigation into ...
Petersburg passed two ordinances to help regulate potentially predatory businesses in the city. Learn more here.
Dave's unique financial model and potential for growth have driven its stock surge, but risks remain amid FTC scrutiny and ...