OPINION AND COMMENT Opinion’s editorials and other content offer perspectives on issues important to our community and are independent of the work of our newsroom reporters. In January, Hialeah tenants protested rent increases outside the Miami office of Eco Stone Group, its new owner. pedroportal pportal@miamiherald.com Here’s the not-so-new news: Florida law leans heavily in […]

But it was blocked by litigation and the Trump White House. The alternative version of the administration of it —issued in 2020—I had no such requirement. Indeed, little has changed yet for payday loans. Chopra will not only have to re-enter this debate, but will also have to deal with the ways in which these […]

Financial regulation is becoming a catch-22: regulators are too politicized to be left unchecked, but not political enough to be properly checked by elected officials. Generally speaking, financial regulators are expected to deal with issues that are considered important but not highly controversial, such as the prevention of bank failures. Their design reflects this, with […]

Oak Park Financial offers payday loan services to those who need money fast but have been turned down by banks or other financial institutions. Your direct line to multiple payday lenders increases your ability to get fast loans for your customers. Oak Park Financial, a Texas-based lending service, specializes in helping customers with low credit […]

“Overdraft fees are deeply unpopular with consumers, and consumers now have more options,” says Leigh Phillips, CEO of fintech nonprofit SaverLife and chair of the Consumer Advisory Board of the US Financial Protection Bureau. Consumer. “They used to only have mainstream options like banks and credit unions or fringe services like payday loans. Now neobanks […]

text size The Federal Reserve has requested public comment on a digital currency. dream time The Federal Reserve has come out with a highly anticipated role into a digital dollar, taking a step in a process that could lead to congressional action. The document, which lays out the pros and cons of a central bank […]

A district court has fired a challenge to the Consumer Financial Protection Bureau’s (“CFPB”) repeal of the underwriting provisions of its 2017 payday rulemaking. The CFPB’s payday loan rule has a long and winding history . First enacted in 2017, the rule had two main prohibitions: a prohibition against making payday loans without assessing the […]

Customers who fell victim to unaffordable payday loans have just a few days to ensure they get some cash back before their lender goes into administration. Cash compensation payments are being sent to thousands of customers who took out loans with Money Shop, Payday Express and Payday UK customers. But be careful with your bank […]

MORE than four million payday loan and home loan customers are urged to apply for any refunds that may be due to them. If Provident, Greenwood, or Satsuma mis-sold you a loan, you may be able to receive compensation, even if you’ve already paid it off. one Provident, Greenwood and Satsuma customers receive small payments […]

NEW YORK, January 12, 2022 / PRNewswire / – The Bedrock Care Group, a health and nursing facility operator, has partnered with DailyPay to enable healthcare professionals to access their earned income instantly. The partnership gives Bedrock Care Group employees more financial flexibility during this difficult time for healthcare workers amid the global pandemic. With […]

Payday loans are a quick and simple way to get cash when you’re in financial trouble. Paying rent or securing cash in case of an emergency, paying late on your credit card payments, etc. While we’ll discuss why payday loans should not be your last resort, let’s first talk about their appeal. The advantages of payday loans […]

[ad_1] On July 8, the Province of Ontario (the province) introduced Bill 197 (the bill), a general COVID-19 economic recovery bill, A law to amend various statutes in response to COVID-19 and to enact, amend and repeal various statutes.. The bill is made up of 20 schedules that modify various laws that will affect individuals, […]

[ad_1] On Monday, the Springfield City Council voted, again, to table proposals related to payday loan rules that would impose a $ 5,000 annual license fee for short-term lenders within city limits. The proposals would have raised the issue with Springfield voters. The council shelved the same proposals in June, with members saying then that […]

[ad_1] Image source: Getty Images. While it does not influence our opinions about the products, we do receive compensation from partners whose offers appear here. We are on your side, always. See our full advertiser disclosure here. Collectively, Americans owe a lot of money. In fact, according to recent research by The Ascent, total family […]

[ad_1] Vulnerable Australians are at risk of serious financial hardship from payday lenders and similar services, and more needs to be done to safeguard their rights when things go wrong. Payday loans, consumer leases, and “buy now, pay later” services such as Subsequent payment and ZipPay are not in the same legal framework as traditional […]

[ad_1] Wonga is cutting around a third of its workforce to cut costs as it responds to a broader crackdown on unfair practices in the payday loan market. The controversial lender said 325 jobs would be lost, mainly in the UK and Ireland. Wonga’s Dublin office will close as part of the plans, as will […]

[ad_1] Two recent actions that broadly support employer-based programs, observed risks for certain wage deduction practices Pay-on-demand providers have become increasingly common in employer-facilitated employee benefits in recent years to help employees avoid predatory alternatives like payday loans, late fees, and fees. for bank overdrafts. If employees need cash before a pay period, pay-on-demand providers […]