Tags » PayDay Lending

A New Type Of Bank Offers A Lifeline For Those Trapped In A Vicious Cycle Of Debt

Originally published in HuffPost on April 12, 2018.
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Three years ago Cynthia Tucker relocated from South Carolina to Raytown, Missouri ― a suburb just outside Kansas City ― to be closer to her children and grandchildren. 821 more words

Customer Risk in Cryptocurrency and Florida Payday Lending

There are new risks that might evade detection by the current risk management machine learning models used in financial institutions. I wanted to share some interesting observations that could impact risk in credit card portfolios. 425 more words

Risk Management

New Payday Loan Rules: Well-Intentioned With Heavy Baggage

The Consumer Financial Protection Bureau’s (CFPB) payday lending rule goes into effect next week. 920 more words

Economics

Vlog - Episode 9 - PayDay Lenders

I got and email from someone looking for help getting out of the PayDay Loan cycle.  This is what I told them…

Day Job

Payday Lending and the Church

A week or so ago, the small group I lead watched this video at the suggestion of some of the pastors at my church. I had planned to write a little more about it, but haven’t really found the time. 307 more words

Christian Life

Illinois Sues Payday Lender For Forcing Employees To Sign Non-Compete Agreements

The state of Illinois has filed a lawsuit against payday lender Check Into Cash, but not for its short-term lending practices. Instead, the company is accused of exploiting its low-wage employees by forcing them to sign non-compete agreements that restrict their ability to find jobs elsewhere. 498 more words

Retail Services