payday loans
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Trump’s Consumer Watchdog Just Approved Predatory Lending, Again
The greatest president to ever set his Stacy Adams inside the Oval Office did something monumental during his time in office. Former President Barack Obama changed payday loans to make it so that the lenders had to be sure the borrower could actually repay the loan. Meaning, the lender couldn’t just give cash to any…
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Goodbye, Payday Loans; Hello, Helpful Tech Startups and Other Options for 'Distressed Borrowers'
Right now in America, millions of consumers are considered “distressed borrowers.” These are people who can’t qualify for a credit card, get a mortgage to buy a home or take out an affordable personal loan to cover an emergency expense. And because the options that are available—typically, payday or car-title loans—don’t report to major credit…