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NYC fights for more land trust community funding
City Council Introduces Series of New Bills Aimed at Improving Access for Nonprofits to Buy Affordable Housing
Dressed in bright yellow t-shirts and carrying…
Fast Loans Hit Class Action Against High-Interest Loan Program “Rent-a-Tribe”
New to ClassAction.org? Read our newswire disclaimer Fast Day Loans is facing a proposed class action lawsuit that claims the payday lender violated Indiana law by providing high-interest loans to residents of the state while…
Some struggle to pay property taxes and turn to high-interest lenders
The surge in property valuations released this month has left many homeowners reeling. As some struggle to pay taxes, 2022 could bring revival to a controversial industry.
Property tax lenders offer to help desperate homeowners…
How to Live on $15/Hour in Austin
When Ben Patterson, a student at the University of Texas, graduates this spring, he will join the large group of Austinians who earn $15 an hour at their primary workplace.Once the 'living' wage that thousands across the country have fought…
It’s 2022 and Texas remains one of the worst states for consumers to borrow from payday…
Need a $500 loan to hold out until your next paycheck drops? In Texas, the average consumer will have to repay that amount, plus an additional $645 in interest.This is according to a new Pew Charitable Trusts analysis payday loans which…
Faith in Action: April 10, 2022 – End Predatory Lending Support the Fair Credit Act for Veterans and…
Every week at All Saints Church, we put our faith into action. This week, we are writing to our members of Congress across the United States urging them to support the Veterans and Consumers Fair Credit Act to protect consumers…
Millions of Gen X lives are still dictated by student debt
Millions of Gen Xers in their 40s are struggling with student loans, just like Millennials and Gen Z.
Insider spoke with two women in their 40s about how their…
Ghost Financial Raises $2.5M in Advance Funding
Ghost Financial, a financial services startup, emerged from stealth on Tuesday (April 5) and announcement it raised $2.5 million from pre-seed investors to develop its bank-style ghost kitchen products.
Ghost kitchens are restaurants that…
Riot at the Capitol: the man behind a truck full of Molotovs gets four years
An Alabama man who parked a van full of weapons and Molotov cocktail components near the U.S. Capitol on the day of last year's riot was sentenced Friday to nearly four years in prison.
U.S. District Judge Colleen…
Why financial literacy matters, from saving to paying off debt
Walrus Pictures | Digital vision | Getty ImagesTo succeed financially, knowledge is essential.Yet many Americans lack financial knowledge. This can impact everything from the amount of money saved to the debt owed.The situation is…
Michigan Tackles Dramatic Increase in Problem Gambling
This article is part of Health, a series about how Michigan communities are stepping up to address health challenges. It is made possible thanks to funding from the Michigan Health Endowment Fund.Shelby Township resident Nicholas…
Groups want lawmakers to act on high-cost loans
Leaders of two organizations that recently launched an alternative to payday loans now hope to lay the groundwork for changes to state law after releasing a new report about how predatory moneylenders imprison debt-ridden Memphians.…
Reviews | The monster that followed him from the war
After a month, the first symptoms appeared: pressure on the chest, knotted stomach, a thickening aura followed by the sensation of someone scratching the base of the skull. He was quarantined over Christmas for fear he had caught a virus;…
How High-Cost Loans Are Affecting Black and Latino Communities in Memphis
A new report links the impact of high-cost loan storefronts mostly concentrated in minority communities in Memphis to the city's widening racial wealth gap. A report by Political Institute of Hope and Memphis Black Clergy Collaborative…
Sbarro adds same-day payment option for employees
Diving brief:
Sbarro has in partnership with DailyPay give its employees access to on-demand pay.
The company, citing his own commissioned research, claims that more than 90% of users…
Are payday loans your only option when you have bad credit?
When times are tough, payday loans may seem like your only option in Texas. But are they? Keep scrolling to learn more about these online short term loans and how online installment loans in texas may offer an alternative. Why do…
RISE Credit Loans Review 2022
Personal Finance Insider writes about products, strategies, and advice to help you make smart decisions with your money. We may receive a small commission from our partners, such as American Express, but…
FIRST CASH DEADLINE ALERT: Bragar Eagel & Squire, PC remind investors that a class action…
Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, reminds investors that a class action lawsuit has been filed against FirstCash Holdings, Inc. ("FirstCash" or the "Company ") FCFS in the United States…
FCFS) SHAREHOLDER CLASS ACTION ALERT: Bernstein Liebhard LLP reminds investors of the deadline to…
NEW YORK, March 7, 2022 /PRNewswire/ -- Bernstein Liebhard LLP reminds investors of the deadline to file a motion as lead plaintiff in a securities class action that was filed on behalf of investors who purchased or acquired common stock…
This Woman Went From Public Aid To Millionaire Status Through A Side Hustle – Here’s How…
From perks to bullets, this story of a millionaire black woman is nothing short of inspiring.
Arnita Johnson-Hall told her inspiring story to CNBC, and his accomplishments are nothing if not remarkable.
The story begins in 2007, when she…
Buy Now Pay Later Apps Class Action Class Action Investigation
LAWYER ADVERTISING
PA Shamis & KindAndrew ShamisLicensed in Florida, New York, Georgia, Illinois, Ohio, Arizona and TexasOffice location: 14 NE 1st Ave., Ste. 705, Miami, FL 33132
Who is affected: Buy now, pay later
Have…
Payday Loan Statistics | The bank rate
Here's a breakdown of payday loan demographics by parental status. Parents are more likely to take out payday loans than non-parents.
Parental status
Percentage having used a personal loan
non-relative
5%
relative
8%
payday…
Michigan group collects signatures to curb payday loans
LANSING, Mich. (AP) — A Michigan group began collecting signatures on Wednesday for a ballot proposal aimed at limiting the interest and fees charged by payday lenders they say are trapping low-income borrowers in debt cycles.…
The alternative to payday loans has its own risks
Payday loans target consumers with no credit or low credit. According to industry research firm IBISWorld, the U.S. check cashing and payday lending industry is set to grow 5.1% in 2022.These high-interest loans promise quick cash until…
Think Finance reaches $44.5 million deal to end class attrition claims
By Joyce Hanson (February 11, 2022, 10:06 PM EST) – Consumers who sued the owners of now-defunct payday lender Think Finance on Thursday asked a federal judge in Virginia to approve a $44.5 million settlement of dollars arising from…
Raise to pay $3.3 million for predatory loans
Raise credit agreed to pay a minimum of $3.3 million for charging people interest rates above the 24% maximum allowed by Washington, D.C. for loans and lines of credit, according to a declaration of the District of Columbia Attorney…
Granite State College, University of Illinois at Springfield, Northeastern State University –…
Adult education market The research report is a wide-ranging analysis and Impact of COVID19 on the world market and the in-detailed information with segmentation has been added in this intelligence report. In this report, a…
Nine-year-old Khloe Joiner’s mission to donate £1million
To celebrate black history in February, CNBC + Acorns Invest in You: Ready. Together. Grow. spotlights everyday Americans who are investing in neighborhoods, schools and small businesses to create a better financial future.In January,…
Is San Antonio FloatMe a Safer Alternative to Payday Loans?
FloatMe, a San Antonio tech startup that gives workers cash advances on their next paycheck, said it has increased $16.2 million from investors during its last fundraising.Overall, the startup has raised $49.1 million in funding since June…
San Antonio Councilman Jalen McKee-Rodriguez Proposes Low-Cost Insulin Program
Fresh from proposing six initiatives for council consideration, Councilman Jalen McKee-Rodriguez proposed a new health initiative supported by other council members that aims to help San Antonio's diabetes community. McKee-Rodriguez has…
NOTICE: Don’t minimize veteran loan options
Published on February 3, 2022 at 10:20 a.m., Last update on February 3, 2022 at 2:14 p.m.
Submitted by Annissa Flores / Isleta Tribe Member and U.S. Army Veteran
This letter is provided as the author's opinion/comment. You can…
TUSD prepares students for financial literacy
While a majority of high school students won't have to worry about filing taxes this year, Turlock Unified School District is offering financial literacy classes to help equip them with the tools they need in coming years. “TUSD students…
Prevent payday lenders from using trusted banks for predatory lending
Three major banks — Wells Fargo, Truist and Bank of Regions – announced in January its intention to launch low-value loan offers to its customers with checking accounts. If their loans give customers time to repay in affordable…
Why banks are eliminating overdraft fees
The average overdraft fee costs consumers $35 per breach, making it an inconvenient and frustrating part of day-to-day banking for many people. But some big banks — Capital One, Bank of America, Truist, US Bank and Wells Fargo — have…
Economic news from January 27, 2022
The U.S. economy ended last year booming as consumer spending and business investment helped loosen the stubborn grip of the pandemic.Gross domestic product - the broadest measure of the country's output of goods and services - rose 1.7% in…
INVESTOR ALERT: Kirby McInerney LLP reminds investors that a class action lawsuit has been filed on…
NEW YORK--(BUSINESS WIRE)--The law firm Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Northern District of Texas on behalf of those who acquired FirstCash…
East Side Councilman Jalen McKee-Rodriguez’s proposals target crime and food deserts in San…
Less than a year into his first term, District 2 Councilman Jalen McKee-Rodriguez this week announced a series of policy proposals aimed at tackling crime and safety, food deserts, gentrification and more in a progressive perspective.He…
Trusty Overdraft First National Bank Texas Launches Fee Alternative
First National Bank Texas launched an overdraft alternative this month it calls One-Day Rewind, which automatically refunds a customer's overdraft fee from the day before if the account…
Challenges to Payday Rule’s Ability to Repay Denied Provisions | Troutman pepper
On January 14, a DC federal judge granted the Consumer Financial Protection Bureau's (CFPB) motion to dismiss a case filed by the National Association for Latino Community Asset Builders (NALCAB), after the NALCAB challenged the CFPB's…
FIRSTCASH HOLDINGS, INC. CLASS ACTION ALERT: Wolf
THE PRINCIPAL APPLICANT DEADLINE IS MARCH 15, 2022 NEW YORK, Jan. 18, 2022 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP announces that a federal security class action lawsuit has been filed against FirstCash Holdings,…
FCFS ALERT: Robbins Geller Rudman & Dowd LLP Files Class Action Lawsuit Against FirstCash…
SAN DIEGO–(BUSINESS WIRE)–#FCFSstock—Robbins Geller Rudman & Dowd LLP announces that it has filed a class action lawsuit seeking to represent purchasers of common stock of FirstCash Holdings, Inc. (NASDAQ: FCFS) between February 1,…
FIRSTCASH ALERT: Bragar Eagel & Squire, PC Announces Class Action Lawsuit Filed Against…
NEW YORK--(BUSINESS WIRE)--Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, announces that a class action lawsuit has been filed against FirstCash Holdings, Inc. ("FirstCash" or the "Company") )…
Tribe-linked lenders strike with second RICO loan lawsuit
By Victoria McKenzie (January 13, 2022, 5:40 PM EST) – Online lender Aaniiih Nakoda Finance LLC has been hit by a second proposed racketeering class action lawsuit in Illinois under the Racketeering Influenced and Corrupt…
Money Talks: Predatory Loans Are Very Dangerous
Using a payday loan can seem like a deal with the devil. After signing and getting your money back, you might be wondering, "What have I done?" "
TEMPLE, TX - We've all been there at some point in our lives.…
Personal Loans Review Fig Loans
Fig Loans is an online lender that offers small personal loans to borrowers with medium to low credit. It also offers credit loans, which are meant to help borrowers build up credit when payments are made on time.Is borrowing on fig loans…
Payday loans are available in Texas: Get the best rates with GreendayOnline
Where can I find a payday loan in Texas?
There are a variety of options to obtain a loan for Texas residents. If, for instance, you are a traditionalist then you could search for payday loan businesses in Texas for yourself. You can!-->!-->!-->…
Congress Prepares To Invalidate OCC’s True Lender Rule – Consumer Protection
On Thursday (March 26, 2021), Senator Chris Van Hollen (D-MD)
introduced a Congressional Review Act (CRA) resolution of disapproval to invalidate the
Office of the Comptroller of the Currency's (OCC) true lender
rule. The resolution is…
‘I Don’t Like Owing Anybody Money’: Why Latino Students Avoid College Loans
Lee esta historia en español.
On Tuesdays and Thursdays, Andres Mendoza leaves work an hour early so he can get home in time for his online classes.
When he gets home, he lets his wiener dog Draco outside, then logs onto Blackboard to…
True discourse on infrastructure – POLITICO
Editor's Note: Morning Money is a free version of the POLITICO Pro Financial Services morning newsletter, which is delivered to our subscribers every morning at 6 a.m. The POLITICO Pro platform combines the news you need with tools you…
Chicago Mayor Says Criticism of Her Temperament “About 99%” Because She’s Black…
CHICAGO - Mayor Lori Lightfoot said Tuesday night that "about 99%" of the criticism she receives about her temperament is due to the fact that she is a black woman.The mayor made the comment during an interview on…
DuPont, ex-employee pleads not guilty, denies negligence in deadly LaPorte plant disaster
The DuPont company and a former employee pleaded not guilty on Tuesday to allegations they ignored federal regulations and company policy, resulting in the deaths of four workers exposed to a massive release of a toxic chemical.Kenneth…
Troops blast senator for claiming US military has been “emasculated”
A Republican senator from Texas is heating up after criticizing the US military as "emasculated" in light of a new recruiting announcement.
"Holy shit," Senator Ted Cruz said on Twitter. "Maybe an…
Austin City Council members unaware of possible transfer of bills
Getty Images
If Austin is a potential destination for the Buffalo Bills, it's news for the powers that be in Austin.
Ryan Autullo from Austin American-Stateman spoke with several members of…
White House: “Many” to Receive $ 1,400 Checks This Month
The White House said Monday that many Americans eligible for $ 1,400 stimulus checks will receive them by the end of the month, as President BidenJoe Biden Rittenhouse says Biden defamed his character by linking him to white supremacists…
Contribution of IT managers must be part of risk management plan, says Wells Fargo executive
Increased security risks can prevent businesses from investing in emerging technologies, but staying on outdated systems can put businesses at greater risk. Mandy Norton, Senior Executive Vice President and Chief…
8th Circuit ruling reveals importance of nuance in state data incident law
Data privacy litigators are well aware of the critical importance of a motion to dismiss if unsubstantiated data incident claims are to be dismissed at the oral argument stage. A recent decision underlines the crucial…
No money or gas to escape Ida: “We cannot afford to leave” | Voice of America
Robert Owens was defeated and felt helpless on Sunday as he waited to land in the Louisiana capital as one of the strongest hurricanes to ever hit the United States. The 27-year-old has had anxious days as Hurricane Ida approached, seeing…
Drivers no longer need licenses, drug tests, working trucks… – Dakota Free Press
Kristi Noem interrupted her presidential campaign to govern for a bit on Saturday. But it's interesting that she used it to engage in a bizarre assertion of state authority over federal law.
Executive Decree 2021-10 says South Dakota…
Regents Can’t Risk Losing Federal Funds – Dakota Free Press
Measure 26 has been launched: Even though the doctor says marijuana is good for what ails you, the Board of Regents won't let you eat your therapeutic brownies on campus in South Dakota:
south dakota public universities will not allow…
Dismissed by COVID, flooded by frost: North Texas family still feeling cold from winter storm
The Canales family lost electricity on the first night of the storm. The next morning their apartment in Hurst looked like a cooler.“Nothing was happening and it was getting really cold,” recalls…
CFPB files motion to lift suspension of payments provisions in payday loan rule | Ballard Spahr srl
The CFPB filed a request to lift the suspension of the compliance date for payment arrangements in its 2017 last payday rule / automatic title / high rate installment loan (2017 rule).
In May 2018, the Texas Federal District Court,…
Maintaining the CFPB payday rule – Lexology
Almost four years after the Consumer Financial Protection Bureau ("CFPB") first enacted its rule regulating payday loans, a federal district court in Texas confirmed the rule's payment provisions against various constitutional and other…
Alert: CFPB files petition to lift suspension of payments provisions in 2017 payday rule | Cooley…
The Consumer Financial Protection Bureau (CFPB) recently filed a motion to lift the suspension of the compliance date for the "payment arrangements" in the Payday rule, vehicle title rule, and some high cost installment loans (CFPB Payday…
Is the IEA report a tipping point for oil investment?
The eventual death of thermal oil and coal will not come from environmentalists or even directly from renewables - it will come when the big banks decide to stop funding them, making them "unbankable." Two years ago, one of the…
Seniors, Super Seniors and Women advance on Day One of Senior State Am Golf
MIDWAY - Eight golfers won two games on Monday to advance to the quarterfinals of the Utah Senior Amateur Championship at Wasatch Mountain Golf Course.
Chris Hermansen of Spanish Fork had to play extra holes in his two games, 19 holes to…
Terry Black’s BBQ Moves to Dallas Grocery Stores
Terry Black's Barbecue sells its smoked meats at five Tom Thumb grocery stores in Dallas.Terry Black's is a restaurant a Lockhart's famous barbecue family - the family that opened Black's Barbecue in Texas in 1932. In 2014, after a family…
Fargo police arrest suspect in three-day spate of robberies
Hunter David Havisto is suspected of a noon theft Thursday, June 10 at the Mister Money payday loan and pawn shop, a late Wednesday afternoon theft at the M&H Main Avenue convenience store, and thefts on…