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The Rise in Consumers’ Late Debt Payments Is Slowing Down
The Wall Street Journal· 2 days agoThe drip of consumer lending data continues to paint a fairly consistent picture: The rising...
How Easy Lending Can Lead to Fraud
Time via Yahoo Finance· 4 days agoThe lawsuit focuses on companies that “specialize in consumer lending through a software application on a smartphone or tablet,” and alleges that they...
South Carolina Enacts Earned Wage Access Legislation Requiring Registration, Exempting the Product...
JD Supra· 2 days agoOn May 21, 2024, South Carolina Governor Henry McMaster signed into law the Earned Wage Access Services Act (the “Act”), which will require earned wage access (“EWA”) providers to register annually ...
The Fed doesn't want to talk about stagflation. It might not have a choice.
TheStreet via Yahoo Finance· 17 hours agoCore consumer prices rose at an annual rate of 2.8% last month, the Bureau of Economic Analysis...
UWM offers 0% down payment mortgages: Here are the risks, who’s eligible
Detroit Free Press via Yahoo Finance· 2 days agoA first-time...of 620 or higher is required for those borrowers who qualify for the 0% down payment...
CFPB sues online lending platform for alleged CFPA, FCRA violations | JD Supra
JD Supra· 2 days agoOn May 17, the CFPB announced a lawsuit against an online lending platform through which consumers could obtain small-dollar, short-term loans through a ...
Buy now, pay later programs must adhere to credit card standards, consumer agency says
KOAA5· 6 days agoThe agency began an inquiry into the short-term lending industry two years ago, and it issued the...
The American people and trust in the era of compound volatility: KPMG research
Retail Banker International via Yahoo Finance· 1 day agoWhile younger generations are open to digital banking, even assuming comparable services,...
FTC provides annual report to CFPB regarding activities in 2023 under consumer financial services...
JD Supra· 3 days agoWhile the Dodd-Frank Act (“Dodd-Frank...
Small Business - Shelby County Reporter | Shelby County Reporter
The Shelby County Reporter· 7 hours ago“Owning a home...major purchase and an important component in building financial independence,” said Elisa Snyder FVP, Retail Lending Sales Manager, at First Federal Savings ...
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