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Bernie Sanders, Alexandria Ocasio-Cortez Introduce Legislation To Cap Credit Card Rates
“When banks charge higher and higher interest rates,” said Rep. Ocasio-Cortez, “essentially your credit card becomes a payday loan.”
Ji Sub Jeong/HuffPost
How Predatory Banking Fees Are Zapping Our Wealth
Affordable banking is for the rich, and that's one reason it's so expensive to be anything else.
Payday Lenders Sure Have A Cozy Relationship With The Trump Administration
The Trump administration is helping payday lenders through weak law enforcement and deregulation.
This Radical Bank Will Free People Of Debt By Literally Blowing It Up
It plans to explode a van filled with $1.3 million of payday loan debt.
Alex Wong/Getty Images
Kirsten Gillibrand Unveils A Public Option For Banking
The idea would provide a low-cost alternative to payday loans -- and it might just save the Postal Service, too.
Kansas City Star via Getty Images
There's Finally A Legitimate Alternative To Payday Lending
By Rachel Cohen, On assignment for HuffPost
'This is a social movement.'
Online Payday Lender Pumped Dark Money Into Effort To Beat Back Regulation
But now they are racing against the bureau’s January announcement that it would produce new rules for payday lenders this
I Was Scared With Wage Garnishment and Paid Again a Debt I Previous Settled
Consumer Debt Expert & Firefighter
Dear Eileen, Get Out of Debt Guy - Twitter, G+, Facebook What should I do? If you wanted to see if that original case against
Making Banking Work for Everyone
President & CEO of Amalgamated Bank
Some of the most important pathways to middle class American life become out of reach when one has little or no credit history. Buying a car or house, or sending a child to college can become close to impossible.
What Do Chase Bank, Condoms, The Tea Party, And Petty Fraud Have In Common?
Under Operation Choke Point, the FDIC has warned banks against working with firms that defraud people. Working with fraudsters
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U.S. Overdraft Fees Jump To $32 Billion As New Rules Prove Ineffective
Eleazar David Melendez
“We have rules that say if you buy a toaster, it shouldn’t catch on fire. We have rules that say if you buy a cheap car, the
With Personal Loans, Borrowers Hear 'Gift' And Lenders Get Resentful
“Delinquent borrowers were actually blithely unaware of how lenders felt,” Loewenstein said. And more than unaware, they
Experian Debuts New Credit Score, Helps Bring 'Underbanked' Into Lending Fold
According to the company's website, it has more than 600 million unique criminal records, as well as an expanding number
San Jose Passes Ordinance Cracking Down On Payday Lenders
The new ordinance, which passed a city council vote on Tuesday, will cap the number of storefronts shilling loans at the
Payday Hound Comparison Site Points To Alleged Illegal Lender, Offshore Loans
A new online comparison site may be serving as a gateway to dangerous lending practices. "It can raise problems where somehow
FTC Cracks Down On Indian Call Center, Fraudster Debt Collectors
Even scam artists are outsourcing. On Tuesday in its first crackdown on fraudulent telemarketing in South Asia, the Federal
Extended Unemployment Could Outlast Extended Unemployment Insurance
President Obama said Friday in light of the bleak employment situation that part of his strategy to create jobs includes
Online Lenders Fight Regulation (VIDEO)
Executive producer of the American News Project
Payday loan offices were sprouting up in strip malls across America for years before Wall Street collapsed last fall -- quiet evidence that hard times began hitting working families long ago.
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