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Advancement in the corporate sector, especially in the financial sector due to the creation of fintech applications, has changed the business landscape. Older and more established organizations are now looking for new and more advanced…

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…

Rachelle* was 17 and a bit short on cash when she borrowed $60 early last year from online payday lender Cigno. Key points:$60 loan repayments soared to $800 debt for teen who borrowed moneyASIC plans to use its powers of intervention to…

Which do you despise the most? Late fee ? Hotel resort fees? Document preparation costs? Convenience fee? They all fall under the general category of "unwanted fees", which is of growing concern to the Consumer Financial…

The Koho mobile app allows users to accumulate savings similar to a traditional high-interest savings account, but charges no fees for transactions.Nathan Denette/The Canadian PressOnline financial services provider Koho Financial Inc. has…

Microfinance market participants are seeing an increase in the share of microloans issued for a long period – up to one year. But the maturities of these loans are also reduced and the loans are repaid earlier!-->!-->!-->…

PayDay Say Company has just acquired Personal Money Service, an online platform designed to connect borrowers with direct creditors across the United States. The acquisition will better meet the needs of PayDay Say customers across…

BEACHWOOD, Ohio -- For years, the agency I run -- the Hebrew Free Lending Association (HFLA) of Northeast Ohiowhose mission is to promote economic self-sufficiency and growth for people in Northeast Ohio who lack access to safe and…

When you're short on cash, the promise of a hassle-free quick cash payday loan may seem like an attractive option. But is it your only one?The Center for Responsible Lending calls payday loans “predatory” — for good reason. The ease with…

Bank of America's Balance Assist program can provide small, short-term loans to bank customers for a flat fee. The program, created in part to help customers avoid high-interest payday loans, is expected to be available nationwide in early…

MIAMI — The owner of a Miami-based payday loan company defrauded hundreds of investors out of millions of dollars and paid off others with money he acquired through a Ponzi scheme , according to a newspaper report and federal…

Cash advance payday loans are expensive, so it's a good idea to make sure you can pay them back before you sign along the dotted line. If you cannot meet the agreed due date, you have the option of rolling over your loan. It can seem…

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The unemployment rate in the United States is falling at a steady pace. Nevertheless, more Americans are struggling financially. Those with good jobs and a decent credit rating may qualify for a personal loan from traditional financial…

When the coronavirus first posed a threat to the health and finances of Americans, Tiffany Moore of Forest Park first turned to an installment lender hoping for financial relief. The good news: She was approved for a $9,500 loan to…

Lansing — A coalition of Michigan groups has taken the first step toward launching a petition campaign to drastically reduce the rates that payday lenders can charge customers for short-term loans.Last Wednesday, a ballot proposal committee…

Dublin, Nov. 22, 2021 (GLOBE NEWSWIRE) -- The "Payday Loans Market Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to from ResearchAndMarkets.com offer.Rising awareness of payday loans among young people and…