payday lenders

It’s Official: CFPB To Reconsider Payday Rule
It’s Official: CFPB To Reconsider Payday Rule
January 17, 2018  |  Regulation

The payday lending arena could get help from the Consumer Financial Protection Bureau (CFPB), with acting director Mick Mulvaney saying the CFPB will “reconsider” rules...

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Payday Lender Floats Shares At $620M Valuation
Payday Lender Floats Shares At $620M Valuation
December 08, 2017  |  Loans

Curo Group, one of the largest payday lenders in the U.S., went public on the stock market with a valuation of $620 million. According to...

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FTC Gets $4.1M Judgment Against Fake Payday Lender
FTC Gets $4.1M Judgment Against Fake Payday Lender
October 18, 2017  |  Security & Fraud

The Federal Trade Commission (FTC) announced Tuesday (Oct. 17) it had obtained a $4.1 million judgment and a ban on a payday lender. In a...

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Alt Lending Start Up Cashes In Another $39M
Alt Lending Start Up Cashes In Another $39M
September 22, 2017  |  Startups

Alternative lending startup Activehours has raised another $39 million in financing, bringing its total raise to nearly $65 million since its 2013 launch. According to...

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CLEARR And CHOICE On The Hill, But Not On Payments Regs
CLEARR And CHOICE On The Hill, But Not On Payments Regs
August 22, 2017  |  Regulation

Capitol Hill offers the ultimate horse race. Following who’s up, down, in the running, out of the race and which bills might pass … Why...

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Payday Lenders Seek Relief From Courts
Payday Lenders Seek Relief From Courts
November 28, 2016  |  Alternative Finances

Payday lenders in the U.S. are facing what they call a threat to their survival. The companies petitioned a federal judge in Washington, D.C., for...

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CFO Lending Told To Pay Back More Than 97,000 Customers Due To Unfair Practices
CFO Lending Told To Pay Back More Than 97,000 Customers Due To Unfair Practices
September 20, 2016  |  Regulation

CFO Lending, a U.K. payday lender, was told by the U.K.’s markets regulator that it has to return to customers $44.4 million because of practices that...

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FTC Bans Payday Debt Relief Operation From Industry
FTC Bans Payday Debt Relief Operation From Industry
September 09, 2016  |  Regulation

A debt relief operation, which went by the names “Payday Support Center” and “Infinity Client Solutions,” has been banned by the Federal Trade Commission from...

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