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COVID-19 Scams Target Blacks and Other People of Color | Remark
As the annual holiday shopping and celebratory season approaches, a leading federal financial regulator has…
Payday loans offer many benefits
A payday loan can be a huge help to anyone who is in financial distress and requires cash immediately. One can borrow the money to pay for food, rent and other essential expenses. These loans can also be called short-term loans, or quick…
Questions and Answers with Greg Glischinski | AARP’s best volunteer knows how to speak to…
When AARP Colorado wants to get a message across, they turn to their contact at the State Capitol, Greg…
COVID-19 scams target blacks and other people of color
By Charlène Crowell
(Trice Edney Wire) - As the annual holiday shopping and celebration season approaches, a leading federal financial regulator has released new research detailing how communities of color are not only being…
ABC calls for increased CFPB oversight of fintechs via largest participant rule | Man’s…
The Consumer Bankers Association (CBA), a trade group of retail financial institutions, recently sent a letter to the director of the Consumer Financial Protection Bureau (CFPB), calling for increased scrutiny of financial technology…
In a revolutionary turn, Fintech DailyPay allows workers to be paid when they want
Husband and wife worry about how they can pay their bills.
getty
We have all been conditioned to accept being paid every two weeks or more. While many Americans faced financial hardship during the pandemic,…
For / Con: Postal banking would help lift millions out of poverty and close the racial wealth gap
The U.S. Postal Service recently launched a postal banking pilot program that allows customers to cash paychecks and business checks up to $ 500 in four cities: Washington, Baltimore, the Bronx and Falls Church, Va.…
‘Squid Game’ is a debt show – no wonder it’s popular
On the show, it is only when the debtors play the first game - Red Light, Green Light - that they find out what is really at stake. When more than half of the players are shockingly eliminated and horribly murdered , a consequence no one…
Research argues for fixes to income-based reimbursement
Two recent reports point to the need to reform income-driven plans to repay student loans as the repayment pause ends early next year and the Education Department seeks to create a new plan through of the regulatory process.
Of those…
NCUA Enables Service Organizations to Make Auto and Payday Loans | Journal of Credit Unions
The Board of Directors of the National Credit Union approved a final rule which will allow credit union service organizations to enter into any type of loan authorized for federal credit unions.Currently, CUSOs - businesses that belong to…