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VCs Bet $40 Million On Money App For Those Living Paycheck To Paycheck - Forbes


Forbes

VCs Bet $40 Million On Money App For Those Living Paycheck To Paycheck
Forbes
On average, users take out $150 in flexible-pay advances. If you use Even and only get value out of the earned-wage feature, you're paying roughly a 5% fee to access your wages early. So it's not cheap, but it's much better than alternatives like ...
Even raises $40 million for budgeting app that lets clients like ...VentureBeat
Even raises $40M to transform the working class to the savings classTechCrunch

all 7 news articles »

US Payday Loan Scammer Sentenced - Hetq Online


Hetq Online

US Payday Loan Scammer Sentenced
Hetq Online
A man who scammed more than 600,000 Americans out of a total of US$200 million over the last decade was sentenced last month to 10 years in prison and a $49 million fine, the FBI announced Thursday. Richard Moseley, Sr. swindled customers using a ...

Springfield city leaders look to St. Louis in creating payday lending rules - Springfield News-Leader


Springfield News-Leader

Springfield city leaders look to St. Louis in creating payday lending rules
Springfield News-Leader
While their hands are tied when it comes to capping interest rates, payday lenders can charge — that is someone only Missouri legislators could do — members of Springfield City Council are considering creating an ordinance that would change the way ...

Mulvaney turns away from consumers to help payday lenders - New Pittsburgh Courier


New Pittsburgh Courier

Mulvaney turns away from consumers to help payday lenders
New Pittsburgh Courier
Every payday, working Americans are reminded of the multiple tax deductions that pay for government. If you're like most people who work for a living, the biggest deduction is for federal taxes. It's a tax that people pay rather than face the ire of ...
Trump's CFPB Pick Is Enigma to BankersBloomberg
Democratic Senators Slam Trump's Pick To Run Consumer Financial Protection BureauWBUR

all 139 news articles »

Ohio Senate passes payday loan bill - cleveland.com


cleveland.com

Ohio Senate passes payday loan bill
cleveland.com
ACE Cash Express store in Albuquerque, N.M. On Tuesday, the Ohio Senate adopted a bill that would lower interest rates and fees on payday loans. The changes that the Senate made to House Bill 123 need to be approved by the House, which adopted a ...
Payday lending reform bill ready to advance in Ohio SenateDayton Daily News
Senate approves payday loan regulation bill by 21-9The Columbus Dispatch
Ohio Senate passes payday lending reformsToledo Blade
Springfield News Sun -WOSU -Bloomberg BNA
all 102 news articles »

'Godfather of payday lending' sentenced to 14 years in US prison - Reuters


Philly.com

'Godfather of payday lending' sentenced to 14 years in US prison
Reuters
(Reuters) - A Pennsylvania businessman known as the “godfather of payday lending” was sentenced on Friday to 14 years in prison for conspiring to collect on hundreds of millions of dollars in illegal high-interest loans issued to thousands of people ...
Main Line 'godfather of payday lending' gets jailThe Delaware County Daily Times
Main Line's 'godfather of payday lending' sentenced to 14 years, stripped of $64M, for preying on financially vulnerablePhilly.com
Hallinan joins Wilmington lawyer Neff in getting prison term for payday loan schemedelawarebusinessnow.com

all 9 news articles »

Ohio Payday lending bill: Who wins and who loses? - cleveland.com


cleveland.com

Ohio Payday lending bill: Who wins and who loses?
cleveland.com
Dozens of people – both in and outside Ohio -- worked hard for and against a bill restricting payday lending, which passed the Ohio Senate Tuesday. House Bill 123 is poised to become law, although it still needs a final signoff from the Ohio House ...
Editorial: Ohio payday loan solution nears finish line, finallyThe Columbus Dispatch

all 9 news articles »

Payday-Loan Mogul Indicted for Masterminding Phantom Debt Scheme - Bloomberg


Bloomberg

Payday-Loan Mogul Indicted for Masterminding Phantom Debt Scheme
Bloomberg
Tucker's brother Scott was sentenced in January to 16 years in prison in connection with an unrelated payday-loan scheme. He made so much money in the business that he funded his own professional Ferrari racing team. He was convicted of systematically ...
Jury indicts Scott Tucker's brother for fake payday loan portfoliosKansas City Business Journal

all 3 news articles »

Idaho banks, credit unions are not offering payday loans - Idaho Business Review


Idaho Business Review

Idaho banks, credit unions are not offering payday loans
Idaho Business Review
While national organizations are suggesting that banks and credit unions offer small, low-cost loans to encourage people to use financial institutions rather than payday loan companies, Idaho banks and credit unions aren't generally adding such services.

Consumer protection agency, Congress balk at payday lending reform - Minneapolis Star Tribune


Minneapolis Star Tribune

Consumer protection agency, Congress balk at payday lending reform
Minneapolis Star Tribune
The Consumer Financial Protection Bureau (CFPB) announced new rules last year that aimed to make payday lenders do more to ensure that borrowers have the means to pay back their loans on time. But now the CFPB is trying to delay and possibly gut that ...

This RSS feed URL is deprecatedThis RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news

VCs Bet $40 Million On Money App For Those Living Paycheck To Paycheck - Forbes


Forbes

VCs Bet $40 Million On Money App For Those Living Paycheck To Paycheck
Forbes
On average, users take out $150 in flexible-pay advances. If you use Even and only get value out of the earned-wage feature, you're paying roughly a 5% fee to access your wages early. So it's not cheap, but it's much better than alternatives like ...
Even raises $40 million for budgeting app that lets clients like ...VentureBeat
Even raises $40M to transform the working class to the savings classTechCrunch

all 7 news articles »

US Payday Loan Scammer Sentenced - Hetq Online


Hetq Online

US Payday Loan Scammer Sentenced
Hetq Online
A man who scammed more than 600,000 Americans out of a total of US$200 million over the last decade was sentenced last month to 10 years in prison and a $49 million fine, the FBI announced Thursday. Richard Moseley, Sr. swindled customers using a ...

Springfield city leaders look to St. Louis in creating payday lending rules - Springfield News-Leader


Springfield News-Leader

Springfield city leaders look to St. Louis in creating payday lending rules
Springfield News-Leader
While their hands are tied when it comes to capping interest rates, payday lenders can charge — that is someone only Missouri legislators could do — members of Springfield City Council are considering creating an ordinance that would change the way ...

Mulvaney turns away from consumers to help payday lenders - New Pittsburgh Courier


New Pittsburgh Courier

Mulvaney turns away from consumers to help payday lenders
New Pittsburgh Courier
Every payday, working Americans are reminded of the multiple tax deductions that pay for government. If you're like most people who work for a living, the biggest deduction is for federal taxes. It's a tax that people pay rather than face the ire of ...
Trump's CFPB Pick Is Enigma to BankersBloomberg
Democratic Senators Slam Trump's Pick To Run Consumer Financial Protection BureauWBUR

all 139 news articles »

Ohio Senate passes payday loan bill - cleveland.com


cleveland.com

Ohio Senate passes payday loan bill
cleveland.com
ACE Cash Express store in Albuquerque, N.M. On Tuesday, the Ohio Senate adopted a bill that would lower interest rates and fees on payday loans. The changes that the Senate made to House Bill 123 need to be approved by the House, which adopted a ...
Payday lending reform bill ready to advance in Ohio SenateDayton Daily News
Senate approves payday loan regulation bill by 21-9The Columbus Dispatch
Ohio Senate passes payday lending reformsToledo Blade
Springfield News Sun -WOSU -Bloomberg BNA
all 102 news articles »

'Godfather of payday lending' sentenced to 14 years in US prison - Reuters


Philly.com

'Godfather of payday lending' sentenced to 14 years in US prison
Reuters
(Reuters) - A Pennsylvania businessman known as the “godfather of payday lending” was sentenced on Friday to 14 years in prison for conspiring to collect on hundreds of millions of dollars in illegal high-interest loans issued to thousands of people ...
Main Line 'godfather of payday lending' gets jailThe Delaware County Daily Times
Main Line's 'godfather of payday lending' sentenced to 14 years, stripped of $64M, for preying on financially vulnerablePhilly.com
Hallinan joins Wilmington lawyer Neff in getting prison term for payday loan schemedelawarebusinessnow.com

all 9 news articles »

Ohio Payday lending bill: Who wins and who loses? - cleveland.com


cleveland.com

Ohio Payday lending bill: Who wins and who loses?
cleveland.com
Dozens of people – both in and outside Ohio -- worked hard for and against a bill restricting payday lending, which passed the Ohio Senate Tuesday. House Bill 123 is poised to become law, although it still needs a final signoff from the Ohio House ...
Editorial: Ohio payday loan solution nears finish line, finallyThe Columbus Dispatch

all 9 news articles »

Payday-Loan Mogul Indicted for Masterminding Phantom Debt Scheme - Bloomberg


Bloomberg

Payday-Loan Mogul Indicted for Masterminding Phantom Debt Scheme
Bloomberg
Tucker's brother Scott was sentenced in January to 16 years in prison in connection with an unrelated payday-loan scheme. He made so much money in the business that he funded his own professional Ferrari racing team. He was convicted of systematically ...
Jury indicts Scott Tucker's brother for fake payday loan portfoliosKansas City Business Journal

all 3 news articles »

Idaho banks, credit unions are not offering payday loans - Idaho Business Review


Idaho Business Review

Idaho banks, credit unions are not offering payday loans
Idaho Business Review
While national organizations are suggesting that banks and credit unions offer small, low-cost loans to encourage people to use financial institutions rather than payday loan companies, Idaho banks and credit unions aren't generally adding such services.

Consumer protection agency, Congress balk at payday lending reform - Minneapolis Star Tribune


Minneapolis Star Tribune

Consumer protection agency, Congress balk at payday lending reform
Minneapolis Star Tribune
The Consumer Financial Protection Bureau (CFPB) announced new rules last year that aimed to make payday lenders do more to ensure that borrowers have the means to pay back their loans on time. But now the CFPB is trying to delay and possibly gut that ...