Monthly Archives: April 2018

CFPB Payday Loans: The payday lender is accused of stealing millions from its customers. Trump’s CFPB is now letting them off the hook.

The Consumer Financial Protection Bureau (CFPB) is reassuring payday lenders accused of preying on low-income workers. In the first of the agency report to Congress Since Mick Mulvaney took the helm in November, the CFPB has said it is dropping sanctions against NDG Financial Corp, a group of 21 companies …

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How to repay payday loans

You can apply for a $4,300 term loan and consolidate these debts into one new loan. The interest rate you can get will depend on how good or bad your credit score is. The lower your score, the higher your interest charges. Some alternative lenders offer small loans at rates …

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We must crack down on payday loans – for the sake of our health | Mary O’Hara

VSreducing costly and predatory lending is not only desirable, it is imperative. It’s hard enough to be poor and pay a poverty premium on utilities and other essentials, not to mention not being able to get cheaper credit that the better-off take for granted. As the Institute for Fiscal Studies …

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