March 2021

I had a hallelujah moment when I saw the Consumer Financial Protection Bureau propose rules that payday lenders would oblige to ensure borrowers have the funds to pay back their loans. I know. You have to be thinking what I've been…

Representative picture Key highlights Payday loans are personal loans for ultra-short terms!--component_10>…

Professional racing driver Scott Tucker was arrested on Wednesday on criminal charges for accused of leading a high life on the backs of millions of people who took advantage of his payday lending business. An indictment unsealed in…

The number of complaints about surety loans increased by 298% from the previous quarter, while the number of new complaints about door-to-door loans increased by 144%. On average, non-PPI resolved complaints had a retention rate of 41%,…

(RNS) - Anyra Cano Valencia was having dinner with husband Carlos and her family when there was an urgent knock on her door. The Valencias, pastors of the Iglesia Bautista Victoria en Cristo in Fort Worth,…

We oppose the Indiana House Bill 1319, which opens doors to unjust lending practices that unfairly take advantage of people in desperate circumstances. Together, we call on the Indiana Senate to reject this bill and find ways to pass more…

The payday loan industry is on the verge of extinction. In what appears to be the next phase of Operation Choke Point - reported for the first time here and here too - the Justice Department appears to be putting pressure on banks…

What are Doorstep Loans? Doorstep loans are quite uncommon and very different from other types of loans in that they have unique advantages that people in need can also benefit from. The main benefit of this loan is that the borrower can!-->…

Money Mart Whistler, operated by Justenna Enterprises Inc., is one of three payday loan companies fined by Consumer Protection BC this week for violating provincial payday loan laws. According to Consumer Protection BC, Money Mart…

Updated: 2:10 p.m. A PILOT MICROFINANCE loan program to combat moneylenders was announced today by Social Protection Minister Leo Varadkar. The program is designed to enable credit unions to provide…