Most payday lenders steer borrowers to higher-cost repayment options, consumer watchdog says
The Consumer Financial Protection Bureau said in a report Wednesday that most payday lenders steer borrowers to higher-cost repayment options.
The Consumer Financial Protection Bureau said in a report Wednesday that most payday lenders steer borrowers to higher-cost repayment options.
![[Cato Institute Event: Apr 21]: Online Policy Forum: Financial Privacy in a Digital Era](https://ncfacanada.org/wp-content/uploads/2022/04/financial-privacy.jpg)
Cato Institute | Apr 6, 2022 The digitalization of financial services has made banking and trading more convenient than ever. But laws that were written before the digital era now collect untold amounts of consumer data to which the government has easy—and often unfettered—access. Recent legislative attempts have sought to expand that access even more.
The Consumer Financial Protection Bureau said in a report Wednesday that most payday lenders steer borrowers to higher-cost repayment options.
NEO Financial | Release | Apr 6, 2022 WINNIPEG, Manitoba & CALGARY, Alberta--(BUSINESS WIRE)--Neo Financial announced today that they are expanding their product line from spending, savings, and rewards, to reimagining investing with the addition of Neo Invest. Neo Invest will offer Canadians the first fully digital, actively managed investment experience that provides access to
In a space filled with venture investors and traders, a blockchain fund run by value managers thinks it can give investors greater returns than bitcoin itself.
Lawmakers in a handful of states have proposed reducing the duration of unemployment benefits and imposing more stringent work-search requirements.
A CNBC + Acorns survey finds 31% of parents aren't having any money conversations with their kids. Here are some tools that will help.
Toronto Centre | Apr 1, 2022 Over the past month, almost a quarter of Ukraine’s population has been displaced. The UN estimates that over 6.5 million are displaced inside Ukraine and nearly 4 million have been forced to flee the country. To put this into perspective, these numbers are larger than the population of many
More than 80% of adults think the U.S. economy is likely to experience a recession in 2022, according to the CNBC + Acorns Invest in You survey.
People plan to trim spending on food, driving and vacations to keep up with inflation, according to CNBC + Acorns Invest in You survey.
Americans are more financially stressed than a year ago, with 48% thinking about higher prices all the time, a CNBC + Acorns Invest in You survey found.
Investors looking to take advantage of these turbulent times won't necessarily benefit by moving their allocations to U.S. Treasurys.
SEC | Hester Peirce | Apr 1, 2022 Thank you, Barry [Miller]. Thank you also to Professor Ajai Singh. It is a pleasure to be part of the University of Central Florida’s inaugural FinTech Summit. This morning, I would like to discuss the ways in which financial regulators ought to engage with innovation. Before I
Two-thirds of consumers think carrying a credit card balance improves their credit score. But the opposite can be true and consumers also rack up interest.
