That fall, in the run-up to the midterm elections, a group of Catholic nuns, Protestant ministers, and other faith leaders toured South Dakota in what they dubbed a “Love Your Neighbor Tour.” They stopped at grocery stores, restaurants, senior centers, libraries and other community gathering places to engage with peopleRead More →

When talking to friends and family, a topic is taboo almost everywhere. No, it doesn’t necessarily have to be sex or politics, although either could cause some uneasiness in some circles. The biggest problem, according to researchers, is money, specifically your finances or financial health. But failing to talk aboutRead More →

An October article in the Journal of the American Medical Association corroborated previous research showing that food insecurity increased significantly after the January 15, 2022 expiry of the monthly federal tax credit for early childhood. The study examined the period between January and July this year in a series ofRead More →

People should also educate themselves about the risks of “old school predatory lending,” Williamson added, including payday loans, auto title lenders and rent-to-own companies. Payday lenders in particular tend to set up businesses in communities of color, Williamson said, and are marketed as easy ways to get cash. These loansRead More →

Decentralized Finance (DeFi): There are a variety of misconceptions about decentralized finance that have contributed to a widespread misunderstanding of what this technology really is. Many people wrongly accuse this burgeoning industry of being an opaque system of systems designed to make the rich richer while enticing retail investors toRead More →

By Emma Ockermann Wednesday’s top personal finance stories Hello market watchers. Don’t miss these top stories. Brace yourself: The Fed is about to inflict “some pain” with a 75 basis point rate hike. Here’s how to prepare your wallet and portfolio. This is the Federal Reserve’s third 75 basis pointRead More →

Author(s): Joyce M Bernasek, Dominic Duchesne September 9, 2022 Last August, the Canadian government published its awaited consultation paper (the consultation paper) to gather feedback from stakeholders and vulnerable members of the public on the criminal interest rates and availability of expensive installment loans often offered by alternative lenders.Read More →

HARTFORD — With a career in finance spanning more than 30 years, Republican Bob Stefanowski cites his business accomplishments as his calling card to become Connecticut’s next governor. But Democrats have been hammering at Stefanowski’s record for more than six weeks, taking aim directly at his top asset in aRead More →

Florida Digital’s Credit Market OREGAON, PORTLAND, UNITED STATES, August 26, 2022 / — Allied Market Research published a report titled “Digital Credit Market in Florida By loan type (payday, personal, and SMB-focused loans), provider type (banks, credit unions, fintech institutions, and others), loan amount (less than $500, $500 to $4,999,Read More →

No, consumers didn’t suddenly flock back to the mall. That was just a media joke. They shop online more than ever. Sales in department stores fell. By Wolf Richter for WOLF STREET. The retail sales data, reported today by the Census Bureau, is based on surveys of about 5,500 retailRead More →

Employee satisfaction is inextricably linked to workplace productivity and long-term organizational performance. The financial well-being of Indian employees has been widely discussed, but studies on the subject are scarce. The majority of employees are still paid monthly, leaving them financially unsupervised. It also makes it difficult for them to meetRead More →

Despite optimistic predictions in early 2022 slowed down global growth resulting in part from the war in Ukraine, has raised inflation and interest rates, reduced the availability of credit, raised the cost of borrowing for businesses and threatened the ability of businesses to retain the confidence of their stakeholders. InRead More →

CONNECTICUT — The State Department of Banking has reached a settlement with a consumer collection agency that was trying to collect payday loans that cannot be enforced in Connecticut. Connecticut-licensed consumer collection agencies cannot collect small loans (under $15,000) made by unlicensed, non-tax-exempt lenders, including those affiliated with tribes. SmallRead More →

On June 29, a Florida court issued one final verdict against a Miami-based payday lender and its CEO investigating allegations that the defendants embezzled investor funds. According to that Complaint, the company fraudulently raised more than $66 million through the sale of promissory notes to more than 500 Venezuelan-American investors,Read More →

Our goal here at Credible Operations, Inc., NMLS number 1681276, hereinafter referred to as “Credible”, is to give you the tools and confidence you need to improve your finances. Although we promote products from our partner lenders that reward us for our services, all opinions are our own. Payday loansRead More →

Americans at almost every level of the latter economy struggle to save money, leaving many living paycheck to paycheck. Yotta, co-founded by Adam Moelis and Ben Doyle, helps people win prizes by saving “up to $10 million through weekly random number draws.” Moelis shares his novel perspective on how hisRead More →

According to the Market Statsville Group (MSG), the Digital Credit Market in Florida Size is estimated to grow from $5.2 billion in 2021 to $18.1 billion by 2030at a CAGR from 16.9% from 2022 to 2030. The consistent loan approval process, secured and privacy features, less time-consuming and instantRead More →

Loan sharks are illegal lenders, often part of organized crime, who use threats and violence to get their money back from borrowers. Although loan sharks are less common with a decline in organized crime, vulnerable people are still victims of robbery loans. If borrowing money from loved ones isn’t anRead More →

Football finance expert Kieran Maguire believes there is cause for concern over Burnley’s latest club reports given the uncertain financial position at Turf Moor. The accounts were released last week and showed the extent of the club’s debt following ALK Capital’s leveraged buyout, which completed in December 2020. As partRead More →

Studies have long shown that high school students are woefully uninformed about personal finance and how to manage it. But the COVID-19 pandemic, which has revealed how many American adults live on the fringes of finance, has reinforced ongoing efforts to make financial literacy classes compulsory in schools. Seven statesRead More →

Share on PinterestStudents at the George Washington University campus in Washington, DC, U.S. on Thursday, September 9, 2021. Stefani Reynolds/Bloomberg/Getty Images Long-term student debt is associated with a higher risk of cardiovascular disease and higher levels of chronic inflammation. In 2020, the average US student debt on graduation from universityRead More →

On Jan. 26, the Consumer Financial Protection Bureau issued a “Request for Information Regarding Fees Charged by Providers of Consumer Financial Products or Services.” In a simultaneous statement, CFPB Director Rohit Chopra described the request for information as the start of a “new effort to help American families save billionsRead More →

Lending apps are gradually replacing traditional credit agencies or credit unions. Today, traditional lending institutions struggle with the convenience and seamless processes of these apps. Additionally, these apps and online lenders accept applicants regardless of their credit history. However, it can be difficult to identify trustworthy installment loan apps. ThereRead More →

Gov. Larry Hogan is moving ahead with a plan to build a major public/private tollway project in Maryland — the expansion of the Capital Beltway (I-495) and I-270. The Maryland Department of Transportation has already solicited bids from developers and is on track to submit a contract to the BoardRead More →

Upper Midwest grocer Coborn’s is offering its employees on-demand access to their payments with the implementation of the DailyPay digital wallet solution. New York-based DailyPay announced yesterday that its seamless payments platform gives Coborn employees 24/7 access to all of their earned wages when they need them, via a mobileRead More →

The CFPB is a federal regulator dedicated to ensuring that consumer financial markets work for everyone. The CFPB handles consumer complaints about financial companies and products. The CFPB has a robust library of materials to help you make better financial decisions. Read more stories from Personal Finance Insider. Loading SomethingRead More →

This summer, when the roller coasters rumble and crowds queue at Michigan’s Adventure, one thing will be different: the amusement park will be cashless. Michigan’s Adventure joins a growing trend of Michigan businesses, venues and organizations eliminating cash transactions. But don’t worry, cash isn’t going away. Three major Detroit venues,Read More →

“The latest study, titled ‘Global Payday Loans Service Market 2022 by Key Players, Regions, Type, and Application, Forecast to 2028’, published by Affluence Market Report, provides an analysis of the current and future scenario of the Global Payday Loans Service market market. ” In this report, a comprehensive analysis ofRead More →