It happens to many people. Your finances are fine. You’re meeting all your obligations and paying all your bills. But then, something unexpected (and costly!) happens. It happens. Sometimes you may think you only need a little extra cash to get you through the next payday. How It Works Payday lenders enable borrowers to get short-term loans […]

It has been a difficult month for many Americans, with the pandemic sweeping the country. And while it seems that payday loans are no longer an option for those who need quick cash, what about other forms of credit? The Federal Reserve reports that credit card use has increased by more than 5% since the […]

FORT WORTH, Texas – (BUSINESS WIRE) – October 13, 2021– Elevate Credit, Inc. (NYSE: ELVT) (“Elevate”), a leading technology provider of innovative and responsible online lending solutions for unprivileged consumers, today announced a $ 50 million financing facility. dollars, with the option of increasing the facility up to $ 100 million, to fund the continued […]

Sometimes you need a loan because of an unforeseen event such as a higher bill than you originally expected or a family emergency. Getting a loan can offer you a lifeline and help you meet your financial obligations. However, it is difficult to get a loan with bad credit because lenders are reluctant to take […]

Emir Memedovski / Getty Images / iStockphoto Generally speaking, debt is something you want to avoid when it comes to your financial life. Debt can take a toll on your finances because you are forced to divert some of your cash to pay the interest and principal on that debt. Read: Obsolete debt advice that […]

Tesla headquarters to move from Silicon Valley to Texas, Elon Musk informed “I am delighted to announce that we are moving our headquarters to Austin, Texas,” Elon Musk said at the company’s annual meeting of shareholders. Tesla CEO Elon Musk told investors on Thursday that the company’s headquarters would move from Silicon Valley to Texas, […]

By Elise Hansen (Oct 12, 2021, 7:34 p.m. EDT) – Nearly 100 organizations on Tuesday urged the Consumer Financial Protection Bureau to revoke or revise its previous actions on earned wage access products, saying the decisions could be exploited to evade the laws on loans and payday lending. The CFPB should consider income access products, […]

Consumer Financial Protection Bureau Headquarters in Washington, DC REUTERS / Andrew Kelly Summary Law firms Related documents Defenders send letter to new CFPB director Rohit Chopra on access to earned wages They argue that EWA is risky, should be regulated like credit The company and law firm names listed above are generated automatically based on […]

Bronx resident Yoasara is manufacturing waves in New York City for the yoga and dance studio she founded and struggled to maintain during the COVID-19 pandemic. Yosara open Sweet Water Dance and Yoga studio during a difficult time in her life that required her to live out of the studio with her young son. In […]

introduction Buying items on credit is not a new idea, its origins stretching back some 5,000 years to ancient Mesopotamia. In our modern context, there are a variety of consumer credit instruments available. These include short-term and “payday” loans, 0% payment plans and overdrafts offered by banks and lines of credit offered by merchants, not […]