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Worst Corruption Scandal in Every State – 24/7 Wall St.
Special report
June 24, 2021 7:00 p.m.
Last updated: July 16, 2021 at 10:58 a.m.
Americans trust their political institutions less and less.…
Congress rolls back Trump-era regulations on payday lenders
NEW YORK — Congress on Thursday reversed a set of regulations enacted in the final days of the Trump administration that effectively allowed payday lenders to avoid state laws capping interest rates. The House voted…
KC payday loan mogul is jailed for bankruptcy fraud
A Kansas City payday loan business owner was sentenced in federal court on Wednesday to spend a year plus a day in jail after pleading guilty to filing a bogus bankruptcy petition while seeking to offload $7.5 million in debt.…
Busselton Hosts Southwest Open Table Tennis Championship | Busselton-Dunsborough Courier
+7More than 70 table tennis enthusiasts from across the state gathered in Busselton for the annual Southwest Open table tennis championship last week. This year the tournament featured backyard events which were hugely successful and…
Rule allowing predatory lending from bogus lenders must end now
At a time when bipartite agreement is rare, last month, three Republicans voted with all Senate Democrats on a resolution under the Congressional Review Act (ARC) to overturn a rule finalized last year by the Office of the Comptroller…
The rule allowing predatory lending from bogus lenders needs to go now
At a time when bipartisan agreement is rare, last monththree Republicans voted with all Senate Democrats on a resolution under the Congressional Review Act (ARC) to overturn a rule finalized last year by the Office of the Comptroller…
Mishawaka teens help rename Hums Park and add “Ninja Warrior” class
MISHAWAKA - The city's newest teen park on the South East Side was designed by teenagers and will serve to honor the accomplishments of several Indigenous sons and daughters.Heroes' Park - formerly known as Hums Park - underwent a $…
Should you use a Paycheck Advance app? | Smart change: personal finance
Some advances are subject to additional charges. Dave, another paycheck advance app, offers three optional fees: a $ 1 monthly subscription fee, an express fee to get your money faster, and a tip.For a few hundred dollars - the maximum…
As pandemic expands, organizations offer alternatives to payday loan cycle – FOX13 News…
Watch: As the pandemic spreads, organizations offer alternatives to the payday loan cycle MEMPHIS, Tenn. – Tens of millions of people continue to struggle as the pandemic spreads and many of them are among the millions of Americans who are…
Online loan: Paternalistic liberals want to end a valuable service
(Sviatlana Lazarenka / Getty Images)
But what should millions of Americans do without a credit card or bank account?
Im 2017, the Federal Reserve…
Unemployment benefits do not create a labor shortage, they empower workers
As businesses began to reopen, we have come under increasing criticism from business owners, especially from restaurants and similar service-based workplaces, who insist that 'they are facing a labor shortage. The argument,…
As more sites go cashless after pandemic, Arizona State University experts see downsides
As businesses and destinations begin to reopen after the pandemic closes, consumers are likely to see more places without cash.
Chase Field in downtown Phoenix, home of the Arizona Diamondbacks, will reopen at full capacity later this…
A Trump rule paved the way for predatory lending. The window to invert it closes. – Mother…
Illustration of Mother Jones; Getty
Fight disinformation. Get a daily recap of the facts that matter. Register for free Mother Jones bulletin.Days before the November 2020 election, the Trump administration…
OCC’s ‘bogus lender’ rule threatens to hurt veterans
Retired Army Col. Paul Kantwill is the founding Executive Director of the Institute for the Rule of Law at Loyola University Chicago School of Law. Previously, he headed the Office of Membership…
TN Sports Betting Bill That Separates Bets And Withdrawn Loans
A TN The sports betting bill that would prevent sports betting from taking bets from payday loan customers was deemed a bit too broad.
Representative Darren Jernigan's HB 824 was handed over to the clerk last week and…
Local advocacy groups call on Arizona lawmakers to correct loan laws
Some local advocacy groups are asking for support for proposed laws that would help prevent some fringe lenders from charging high interest rates on short-term loans.
Officials from the…
CFPB set to restore tough stance on payday lenders
The Consumer Financial Protection Bureau gives its clearest signal yet that a 2020 rule easing standards for payday lenders is in jeopardy, despite efforts already underway by the industry to implement the rule of l Trump administration.…
What is a payday loan?
A payday loan is a high-cost, short-term loan for a small amount - usually $500 or less - that is supposed to be repaid with the borrower's next paycheck. Payday loans only require ID, income, and a bank account and are often given to…
Hold on, Illinois, and cap interest rates at 36% on payday loans | Editorial
Six years ago, a Downstate Springfield woman, Billie Aschmeller, took out a short-term…
Kansans Protests Payday Loan Interest
TOPEKA, Kansas (WIBW) - The Kansans band together on Monday to protest the high interest rate on payday loans.Topeka JUMP said Kansas residents have come together to urge lawmakers to pass payday loan and auto title reform. He said that…
Is the Tennessee Book Holding Sports Betting Winnings intended to repay the loans?
Tennessee Rep. Darren Jernigan read a copy of the weekly Tennessee Journal when a recent sports betting endorsement caught his eye.
Approval at a January meeting of the Tennessee Education Lottery Sports Betting Committee permit Advance…
Watchdog agency to tackle military payday loan scams once again
The new leadership of the Consumer Financial Protection Bureau, or CFPB, has pledged to reject the Trump administration's "relaxed approach" and resume targeting of payday loan scams that trap troops…
Kansas City payday loan mogul pleads bankruptcy fraud
Del Kimball, a prominent figure in the Kansas City payday loan scene, dropped a federal charge Tuesday afternoon and pleaded guilty to bankruptcy fraud. Kimball, 53, appeared with his lawyer, JR Hobbs, before U.S. District Court…
Benefits of emergency payday loans online
Online payday loans are an amazing method of dealing with emergency monetary needs. If you've recently found yourself in a position where you have to deal with surprising costs or overdue bills, but your budget is depleted,…
Best Emergency Loans For Bad Credit (2021 Reviews)
Another well known market for bad credit emergency loans is CashAdvance.com. This online lending platform has been around since 1997, offering small personal loans through its extensive network of reputable lenders. If you are looking…
Interest on a typical Utah payday loan is 554% APR
Utah high-interest payday loan companies say pandemic is hurting their already struggling industry - where nearly one in three stores have closed in a four-year crisis amid tighter regulations . Critics say government aid for…
Nebraska becomes latest state to cap payday loan interest rates
Voters in Nebraska overwhelmingly supported a voting initiative on Tuesday that caps payday loan rates at 36% statewide, even as federal legislation restricting these high-cost loans remains at a standstill.
About 83% of voters in…
Personal loans trap Social Security recipients in debt
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Are payday loans good? | Money
The idea of accessing your paycheck before it hits your bank account is appealing, especially in this economy. Unfortunately, there may be a catch.
Payday loans — which are small, unsecured loans…
Payday loan services are even more essential in the COVID-19 pandemic
Opinion: The COVID-19 pandemic has created a financial crisis that is particularly affecting Arizonans without bank accounts. This is where we come in.Jennifer Robertson
| opinion contributorArizona is home to more than 550,000 small…