Pay Day Loans: Know Your Rights What’s a “cash advance?” A cash advance is a short-term, high-cost deal where a client borrows cash for something charge. The consumer writes a individual check to the lending company for the quantity lent in addition to the solution cost. The lending company provides the client the loaned amount […]
Approximately 40% of Americans say that they might maybe maybe not protect a $400 crisis cost. If you are residing paycheck-to-paycheck, we realize the very thought of exactly what can happen you up at night if you were faced with a surprise expense often keeps. Maybe you’re even coping with one now, and can’t wrap […]
The CFPB has sent different messages regarding its approach to regulating tribal lending in recent years. The CFPB pursued an aggressive enforcement agenda that included tribal lending under the bureau’s first director, Richard Cordray. After Acting Director Mulvaney took over, the CFPB’s 2018 five-year plan suggested that the CFPB had no intention of “pushing the […]