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The floodgates of predatory lending will open if credit laws aren’t tightened, consumer advocates warn

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 the Credit Law through ‘loopholes’ The […]

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Payday Loans for People With poor Credit What are your Options?

A bad credit score isn’t an automatic death sentence. A lot of lenders are willing to provide loans to those who have poor credit histories. The search for the most suitable lender for the borrower’s specific circumstance is all that’s needed. Apply for a loan even If You Have Poor Credit The bank is the […]

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Pinwheel raises $50 million in Series B

Pinwheel, today announced it has raised $50 million in a Series B funding round led by GGV Capital, with continued participation from Coatue, First Round Capital and Upfront Ventures, as well as new investments from strategic partners including AMEX Ventures, Indeed, Kraken Ventures, Franklin Templeton, and more. Pinwheel’s mission is to help create a fairer […]

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Tips to help you get a mortgage

But don’t worry, as mortgage expert and managing director of KIS FinanceHolly Andrews has rounded up some of the best advice. From the use of a mortgage broker to paying outstanding balances, Holly has all the tips worth looking into. Find out what are the best tips for getting a mortgage. Mortgage brokers could be […]

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Explore the freedoms of decoupled debit cards

Consumers are becoming more comfortable with emerging technologies for making payments as these tools become more reliable and convenient. The desire for contactless payment options and the potential cost savings is driving an increase in decoupled debit cards, which are issued and operated by entities other than traditional banks or credit unions. Many of the […]

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Just Economics: looking through the lens of “Project 1619”

In 2019, The New York Times published The 1619 Project, a collection of essays, short stories and poems intended to revisit the history of the United States through the lens of slavery and racism. The creators of The 1619 Project hoped it would be used in public schools. This happened in over 4,000 schools, mostly […]

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Top 5 reasons to get a small loan – Daily News Hungary

Sponsored Content A small loan is a type of unsecured loan. This means you don’t have to post collateral in case you don’t repay your existing loan. The lender does not have the right to confiscate your property if you take out a small loan and do not repay it on time. Nevertheless, there are […]

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Illinois man accuses online tribal lenders of predatory lending

By Victoria McKenzie (January 26, 2022, 8:44 PM EST) – An Illinois debtor has filed a class action proposal against a group of online tribal loan companies for allegedly issuing illegal high-interest loans , adding to a trend of similar complaints across the country that accuse unscrupulous lenders of using the tribes as a mere […]

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U.S. consumers continue to face financial pressures amid inflation

About a quarter say they worry about covering basic household expenses As Americans struggle to ride out the effects of the pandemic, inflation presents a new wave of setbacks. While consumers are improving their finances through some measures, other signifiers indicate that some are making risky choices that could further jeopardize their financial footing. in […]

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East Side Councilman Jalen McKee-Rodriguez’s proposals target crime and food deserts in San Antonio

Less than a year into his first term, District 2 Councilman Jalen McKee-Rodriguez this week announced a series of policy proposals aimed at tackling crime and safety, food deserts, gentrification and more in a progressive perspective. He presented the proposals as building on campaign promises and working in collaboration with others. Of the six new […]

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Governor, Legislature Shouldn’t Ignore Payday Loans | Remark

During the first week of the 2022 legislative session, lawmakers introduced several bills that would lower New Mexico’s unreasonable 175% interest rate cap on small loans to 36%. But the Legislature won’t even be able to discuss such measures during the current 30-day session without an official “message” from Governor Michelle Lujan Grisham. So far, […]

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Most Americans don’t have $1,000 cash for emergencies – CBS Pittsburgh

PITTSBURGH (KDKA) — Most Americans don’t have the cash to cover a $1,000 emergency expense, according to a new study. Americans are simply not saving as much as they need to. READ MORE: COVID-19 in Westmoreland County: Medical Leaders Highlight Promising Statistics Suppose your car needs emergency repairs, or a family member is rushed to […]

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What to know before borrowing

Payday loans usually come with very high interest rates and are often based on your income. Personal loans are long-term installment loans that generally have lower rates than payday loans. Payday loans are always a worse option than personal loans due to their high rates. Read more stories from Personal Finance Insider. Loading Something is […]

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Is there a formula for creating an anti-racist school?

A collective of eight CDFIs is putting racial equity at the forefront of education lending. From fiery debate over critical race theory to heated school board meetings and the uncertainty of schooling in a deadly pandemic, the issue of education is at the center of public discourse. Recently, amid growing social unrest, eight CDFIs have […]

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Investing in a fairer post-pandemic banking system

Here’s what the Treasury’s new investment in 186 Community Development and Minority Financial Institutions will mean for more than 160 municipalities across the country. In the Morrisania section of the Bronx, New Covenant Dominion Federal Credit Union has seen steady growth in its loan portfolio since the start of the pandemic. It’s tiny, even by […]

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Pay-as-you-go puts financial freedom at your fingertips.

Pay-on-demand, also known as earned wage access, is no longer just a want, but a need of employees across the country. Gone are the days when employees had to wait two weeks to receive the money they had already earned. Pay-as-you-go gives employees immediate access to their earned but unpaid income between pay periods, eliminating […]

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Student Loan Debt – And How To Avoid It | On your debt

The burden of student debt accumulation should be front and center in higher education choices – for students, families, university leaders, and elected and appointed officials. Make a plan – It’s no secret that going to college will cost money. In addition to tuition, currently $545 per credit hour for in-state students at the University […]

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How predatory payday lenders keep customers hooked

“If he who conspires to silence the poor had hands, the shame would be his thumbs.”— Julia K Dinsmore “I was in my late twenties and had a few jobs and wasn’t very financially secure,” said a Cranston resident Kieran Wilder in a phone call with UpriseRI. “Honestly, I had never heard of these payday […]

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German publishers push for third-party cookies

google started the week with another complaint. This time it’s a group of German publishers and advertisers calling on the European Union (EU) to halt the search giant’s plan to end the use of third-party cookies, The Financial Times Dworn on Monday (January 24). Political Editor Axel Springer and hundreds of publishers, advertisers and media […]

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What are credit union loans and how do I get one?

Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as “Credible”, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us for our services, all opinions are our own. Loans from credit unions are available to […]

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Best Loans for Bad Credit in 2022: Online Options

While bad credit can make it harder to get affordable financing, it doesn’t mean you can’t qualify for a bad credit loan. You just need to look for lenders who offer financial products to people in your credit range. We’ve ranked and rated our partner lenders to help you find the best bad credit personal […]