By the time your child gets a job, they should know to avoid these traps.
In 2017, poverty is big business.
The measure "would have been a travesty" for consumers, an advocate said.
A couple years ago, two South Dakota men on opposite ends of the political spectrum got into a nasty fight over marriage
But it's unclear who's behind them.
By Marisabel Torres, Senior Policy Analyst, Wealth-Building Policy Project, NCLR Payday lenders and their loans are not going
The Consumer Financial Protection Bureau's (CFPB) proposed rule on short term credit unveiled last month has spurred much debate. While the Bureau says it wants to protect consumers, I'm concerned that the rule will have the exact opposite impact, eliminating credit for millions of Americans and making many worse off. What's more, minority communities who are unbanked or underbanked will be disproportionally impacted.
We know that payday lenders are predatory, disproportionately choosing to set up shop in communities of color. We know that Latinos are more likely than the general population to use a payday loan.
In this time of partisan gridlock, it's rare to see a federal policy move than can be of real help to small businesses and
There's a big banking fight in front of us right now. It's a fight that could result in a huge win for families and a death knell for the predatory practices of an entire industry -- payday lending.