Has Government Pressure led to Google Banning Ads for the Payday Lending Industry?
It wasn’t all that long ago that Google seemed to have a real love for the payday lending industry, and other similar types of financial products. However, something seems to have happened that turned the search engine giant away from an industry it once helped to support via its popular online ads. Google Ventures has... Read More »
CFPB Catching Criticism from All Directions Lately
The Consumer Financial Protection Bureau was formed in 2011, ever since then the CFPB has been squarely in the targets of a wide range of financial institutions. There are active members of the Senate – Republicans for the most part – who are trying with all their might to get it shut down completely. They... Read More »
Prominent Democratic Leaders Face Off Over Payday Loan Industry Regulations
You don’t have to be a fan of professional wrestling or boxing to enjoy a good rumble. As a matter of fact, the political arena often offers up some of the most interesting battles that take place. For example, currently two of the most prominent leaders of the Democratic Party are going toe-to-toe over paydaAnti-Malwarey... Read More »
Huge Title Loan Companies Plead for Financial Record Privacy
Though public records have existed – in one form or another – since the creation of written words, not all records are made available to the public. We live in a time when it is possible to find information on just about every private citizen and public corporation. From birth certificates to financial records, there... Read More »
Find out how the Famous Hardcore Pawn Shop Locks into Current Economic Trends
Reality shows have been huge for the past few years. Of course, there are some tried and true reality shows that have been around for nearly a decade. The Hardcore Pawn show, based in Detroit, is one such show. And not only is the show established, but the pawn shop where this show is filmed... Read More »
FTC and Law Enforcement Agencies Join Forces to Battle Abusive Debt Collectors
The Federal Trade Commission, along with other law enforcement agencies announced that they will be joining forces to make a coordinated strike against abusive and deceptive debt collection agencies. This crackdown, which will run nationwide, includes 30 new acts of law enforcement from local, state and federal authorities and is focused on debt collectors that... Read More »
What Does the Average Person Think About and Fear When it Comes to Money
There’s a popular saying about having “your mind on your money and your money on your mind.” As it turns out, most of us spend a lot of time thinking about money. Apart from fantasizing about what it would be like to win the lottery and finish our days in luxury, the majority of our... Read More »
Payday Loan Customers are Fed Up with Federal Government Interference
The federal government here in the United States is not shy about regulating industries to provide protection to its citizens. However, there are times when regulation runs amuck and causes more problems than it solves. The feds, via the Consumer Financial Protection Bureau, have recently been stirring up a hornet’s nest by proposing excessively strict... Read More »
Is Operation Choke Point Easing Off of Payday Lenders?
Could it finally be true that payday lenders are no longer in the crosshairs of the Federal Deposit Insurance Corporation? It looks like it may be true after all. The banking regulator recently took some industries off of a list that contained businesses deemed to be “high risk”. These targeted industries included payday lenders, firearms... Read More »
People Lining up for New Credit Cards Once Again
Most Americans can still recall the financial sting of the latest recession. When the recession was in full swing, people were cutting back on spending, applying for fewer credit cards and doing what it took to make ends meet. Now that the economy has begun somewhat of a recovery, though, it seems that people forgot... Read More »
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- Deutsche Bank Said to Securitize at Least $2.5 Billion of Corporate Loans - TheStreet.comTheStreet.comDeutsche Bank Said to Securitize at Least $2.5 Billion of Corporate LoansTheStreet.comDeutsche Bank (DB) , the German lender facing doubts about its ability to weather big losses, has securitized at least $2.5 billion of corporate loans in a transaction designed to curb risk and bolster measures of financial strength, a person with ...and more »
- Clawbacks and Consumer Loans - BloombergClawbacks and Consumer LoansBloombergOnline consumer loans are a securitizable -- and securitized -- product, with demand from both investors and borrowers. Surely Goldman could find some way to make online loans, slice and dice and package them carefully, and sell them in pieces to ...and more »
- Three Tips For Utilizing Federal Student Loans - Southern New Hampshire UniversityThree Tips For Utilizing Federal Student LoansSouthern New Hampshire UniversityResearching how you will pay for college? Considering utilizing federal student loans? Read the top three tips from a student financial services expert before you apply! Your time as a student should be an exciting one, a time that you feel supported ...
- Trump Has Turned Over Tax Returns _ for Lawsuits and Loans - ABC NewsABC NewsTrump Has Turned Over Tax Returns _ for Lawsuits and LoansABC NewsWhile Donald Trump won't publicly release his income tax returns, the New York businessman has turned them over when it suited his needs — if he stood to make a profit, needed a loan or when a judge forced him. Pennsylvania gaming regulators […]