Hello market watchers. Don’t miss these top stories. Brace yourself: The Fed is about to inflict “some pain” with a 75 basis point rate hike. Here’s how to prepare your wallet and portfolio. This is the Federal Reserve’s third 75 basis point rate hike this year. Continue reading US existingRead More →

Sign up now for FREE unlimited access to Reuters.com to register Sept 15 (Reuters) – The US Consumer Financial Protection Bureau (CFPB) plans to begin regulating buy-now, pay-later (BNPL) companies such as Klarna and Affirm Holdings (AFRM.O), Products are hurting consumers as it worries about its fast-growing funding, the agencyRead More →

Image source: Getty Images OneUnited Bank proves that some companies still have heart. Important points With Cash Please, OneUnited Bank protects its customers from robbery loans. NBCUniversal spent six months tracking and chronicling the unique mission OneUnited has set for itself. It’s impossible to meet Teri Williams, President and ChiefRead More →

The financial wellness advantage can be crucial, especially during times of high inflation, high gas prices and financial challenges Almost eight in ten respondents say DailyPay helps them avoid expensive or predatory alternatives NEW YORK, September 8, 2022 /PRNewswire/ — Amid continued inflation and the high cost of everyday items,Read More →

The CFPB recently submitted an application Complaint against a Texas-based payday lender in a Texas federal court alleging that the lender engaged in unfair, deceptive and abusive practices by withholding free repayment plan options from eligible borrowers and unauthorized consumer withdrawals in violation of the Consumer Financial Protection Act ofRead More →

No, consumers didn’t suddenly flock back to the mall. That was just a media joke. They shop online more than ever. Sales in department stores fell. By Wolf Richter for WOLF STREET. The retail sales data, reported today by the Census Bureau, is based on surveys of about 5,500 retailRead More →

If you’re short on cash between paychecks or have an unexpected financial emergency, a payday loan can be a tempting option to help make ends meet or access money quickly. However, these short-term loans, which typically mature on the next payday, are extremely risky. They come with very high interestRead More →

Buy-Now-Pay-Later (BNPL) lenders face a harsher reality. By Wolf Richter for WOLF STREET. Credit card balances rose $46 billion in the second quarter to $887 billion, still down 4.3% from the fourth-quarter 2019 peak and just a hair above 2008 levels despite 14 years of population growth and inflation lay.Read More →

In order to better serve its customers, BridgePayday.com has renamed itself to CashPilot.com. KashPilot strives to provide consumers with a fast, easy, and convenient way to get quick online loans. With over seven years of experience in the payday loan industry, KashPilot is well positioned to offer borrowers competitive interestRead More →

“The future is Crunk!” declares a digital recreation of a young LeBron James in the ubiquitous television commercial promoting Crypto.com. That means hype. Wild. Exciting. Cryptocurrency is hot, especially for African Americans. I’m still trying to figure it out. The online Oxford Dictionary defines “cryptocurrency” as “a digital currency thatRead More →

HARTFORD, Conn. (WFSB) – A super PAC funded by the Democratic Governor’s Association has begun television commercials attacking Bob Stefanowski. Two more PACs could spend millions on ads attacking Governor Lamont. We have more than three months before the November elections, but negative ads have already begun. PAC funds willRead More →

Spending on symbols of success is universal—but the definition of success varies in an increasingly multicultural America. Tweet this Enter the latest research into The Conference Board Multicultural Consumer Survey Series. Understand How ethnic identity is reflected in purchasing services, the project surveyed 2,000 multicultural U.S. households to uncover theirRead More →

ReportLinker The global mortgage and lending software market is projected to exceed USD 24.6 billion by 2030 from USD 12.1 billion in 2020 at a CAGR of 13.24% in the coming years ie 2021-30. Product overview NEW YORK, June 10, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of theRead More →

“Despite all the challenges our communities face, we were proud to open 20 new locations and offer essential financial services,” he said Rob Stuart, President and Chief Executive Officer, OnPoint Community Credit Union. “Access to personal financial services and education is more important than ever as our communities continue toRead More →

Employees increasingly have the ability to access earned wages as needed between pay cycles when their employees work with on-demand pay providers (also known as Earned Wage Access, or EWA). Today, with inflation of a 40 year highrising consumer prices have accelerated the benefits of EWA, particularly for hourly workers.Read More →

It is estimated that Michiganns without financial resources spend an estimated $3,000 each year on bank fees. Gov. Gretchen Whitmer and the Michigan Open Account Coalition (MOAC) announced a low-cost account for Michigan residents who are unbanked or unbanked. A Federal Reserve 2019 Report found that 22% of adult AmericansRead More →

Buy now, pay later (BNPL) plans are increasingly being offered as a convenient credit alternative that allows purchases to be made in installments, typically four payments over six weeks. The so-called “fintech” (financial technology) companies that offer these plans often advertise that they offer consumers interest-free payments with no creditRead More →

Lending apps are gradually replacing traditional credit agencies or credit unions. Today, traditional lending institutions struggle with the convenience and seamless processes of these apps. Additionally, these apps and online lenders accept applicants regardless of their credit history. However, it can be difficult to identify trustworthy installment loan apps. ThereRead More →

Monday 25 April 2022 12 o’clock; State Library RHODE ISLAND REPUBLIC PARTY HOLDS PRESS CONFERENCE WITH RIGOP CHAIRMAN SUE CIENKI AND SENATE MINORITY WHIP JESSICA DE LA CRUZ On Monday, April 25, the Rhode Island Republican Party (RIGOP) will host a press conference with Senate Minority Whip Jessica de laRead More →

Prices are skyrocketing across Australia. Global supply chain problems, floods, the Covid-19 pandemic and the Russia-Ukraine conflict have all piled up to push up price levels in the country. With inflation soaring, Aussies’ living expenses are becoming a challenge, and they’re bouncing back from riskier ways to meet day-to-day expenses.Read More →

Start your day with LAist Sign up for the Morning Brief, delivered weekdays. Street vendors in Los Angeles are getting support for legal assistance, loans, business advice and other assistance through a $5 million grant administered by a partnership of local organizations. JPMorgan Chase’s grant to the Open Air EconomyRead More →

Employers are looking for creative ways to retain and attract talent. An Early Wage Access (EWA) policy — a revolutionary employee benefits program that gives employees access to their paycheck within an hour of working a shift — could be just what gives companies the edge. In fact, companies thatRead More →

In a time of pandemic-related financial and economic hardship, waiting for a payout once a month can be difficult in the face of emergencies, unexpected medical bills, and unexpected expenses. The inability to access earned wages during tough times can also increase the likelihood of employees resorting to payday loansRead More →

Kevin Stent/Stuff Nicola Willis is calling on the government to pass legislation to quickly resolve the unintended consequences of new responsible lending regulations. Nationally has drafted legislation it says could reverse the damage that new responsible lending regulations have done to borrowers’ chances of getting a home loan. National HousingRead More →

Cryptocurrency has been the subject of a number of news reports throughout the year, with more variants emerging and attracting more press coverage. And now a celebrity is doing the opposite of most… Ben McKenzie is urging celebrities to stop talking about cryptocurrency. Celebrities have pioneered and endorsed a wideRead More →

BERKELEY HEIGHTS, NJ, Feb. 02, 2022 (GLOBE NEWSWIRE) — Viventium, a SaaS-based human resource management solution that offers a remarkable user experience, flexible software, and expert guidance so clients can be confident their payroll is being done right, and ZayZoon, a leader in providing small and medium-sized businesses with accessRead More →

In this 2017 photo, a truck travels east along historic Route 66 in Albuquerque past a sign advertising a home loan business. New Mexico lawmakers are considering lowering the current 175% state cap on small loan interest rates during this year’s 30-day legislative session. (AP Photo/Susan Montoya Bryan) Copyright ©Read More →