Personal loans: How fintech has reformed instant lending ecosystem — 8 key changes
Several fintech firms host online platforms and mobile apps to facilitate loan applications, thus lowering the need for ...
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Are fintech loans a better deal for subprime customers?
Fintech lenders often get criticized for high rates or fees on their consumer lending. But there's an argument to be made ...
Pittsburgh Judge Rules Loan Company's Online Arbitration Agreement Unenforceable
A Pittsburgh trial judge ruled that a loan provider's arbitration agreement was unenforceable. The judge determined the ...
The Tribal Lending Industry Offers Quick Cash Online at Outrageous Interest Rates. Here’s How It’s Survived.
Despite lawsuits, prosecutions and federal crackdown attempts, the tribal lending industry has adapted for over a decade, ...
'Beast Games' partnership with fintech company MoneyLion stirs controversy: Here's why
Lauren Saunders, associate director of the National Consumer Law Center, said companies like MoneyLion are a "new breed" of fintech payday loan companies. A payday loan is a short-term, high-interest ...
Consumer advocates raise alarms over 'payday-like loans' in MrBeast's sweepstakes
Some worry the partner MoneyLion, an app that sends cash advances — often for a fee to workers living paycheck to paycheck — ...
Petersburg city council votes to regulate short-term loan establishments, limit pawn shops
Petersburg passed two ordinances to help regulate potentially predatory businesses in the city. Learn more here.