Consumer finance

National Payday Loan Relief Celebrates 15 Years of Transforming Lives Through Payday Loan Consolidation

OAKLAND PARK, Florida (PRWEB) 20 October 2021 National payday loan relief celebrates 15 years since they started the Payday Loan Consolidation Program. This program has helped thousands of Americans wallow in payday loan debts regain their financial freedom. Through this program, the company assumes the responsibility of settling an outstanding …

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Covid, Payday Loans Without Debit Card, Student Loan – The Issues Addressed By Biden’s Office

The Consumer Financial Protection Bureau (CFPB) has announced its firm intention to become a more aggressive maintainer for consumers. The changes in their internal politics were encouraged by the Biden administration. As the coronavirus pandemic poses more and more financial challenges to millions of Americans, lenders like Instant Сash Advance …

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How a state bank could challenge payday lenders

Earlier in the pandemic, West Coast states led the way in providing financial assistance to marginalized populations excluded from federal stimulus and relief plans. In Washington, Governor Jay Inslee Made $ 40 Million helping undocumented families. Oregon has implemented the Oregon Workers Relief Fund to alleviate the financial burden of …

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CFPB Overcomes Payday Loan Rule Challenge | Goodwin

On August 31, 2021, the United States District Court for the Western District of Texas issued a notice maintaining the Consumer Financial Protection Bureau (CFPB) rule regulating payday loans. Community Financial Services Association of America, LTD., Et al. v. CFPB, Case No.1: 18-CV-00295 (WD TX.) (Community v. CFPB). As a …

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BNPL could be the next payday loan fiasco, experts warn

Buying Now, Paying Later (BNPL) is serious business. FinTech companies are emerging at an unrelenting rhythm, offering interest-free installment online purchase refunds. The typical shopping experience, say on a pair of £ 30 shoes, looks like this: Klarna offers you to pay in three monthly installments of £ 10. Laybuy …

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