Several fintech firms host online platforms and mobile apps to facilitate loan applications, thus lowering the need for ...
Fintech lenders often get criticized for high rates or fees on their consumer lending. But there's an argument to be made ...
A Pittsburgh trial judge ruled that a loan provider's arbitration agreement was unenforceable. The judge determined the ...
Despite lawsuits, prosecutions and federal crackdown attempts, the tribal lending industry has adapted for over a decade, ...
Lauren Saunders, associate director of the National Consumer Law Center, said companies like MoneyLion are a "new breed" of fintech payday loan companies. A payday loan is a short-term, high-interest ...
Some worry the partner MoneyLion, an app that sends cash advances — often for a fee to workers living paycheck to paycheck — ...
Angela Burdorf became the eighth person to be sentenced – the fourth since November – as part of a federal investigation into ...
Petersburg passed two ordinances to help regulate potentially predatory businesses in the city. Learn more here.
Dave's unique financial model and potential for growth have driven its stock surge, but risks remain amid FTC scrutiny and ...
Petersburg's city council will consider passing more regulations on potentially predatory short-term loan businesses. Learn ...
Payday loans, often marketed as quick solutions to financial emergencies, trap borrowers in a cycle of debt that is virtually ...