Category Archives: Loan interest rates

Why are our bodies, our societies and our planet all on fire?

Activist, filmmaker and best-selling author Raj Patel was disguised as a genetically modified tomato when he encountered Rupa Marya, MD, over ten years ago. They were at a protest organized against the use of pesticides, and Marya, who is both a musician and a doctor, was performing at the event with her band on a […]

[COLUMN] Customer compares Chapter 13 with various alternatives for $60,000 credit cards —

THE client is 50 years old and married. He owes $60,000 in credit cards. He pays $2,000 a month in minimum credit card payments to keep the $60,000 current. His wife is not jointly and severally liable on these cards. She only owes about $2,000 in credit cards alone. They own a house that is […]

California lawmakers urge FDIC to curb banking partnerships

Four Democratic members of the California State Legislature recently sent a letter to the Federal Deposit Insurance Corporation (FDIC) urging the agency to take action against FDIC-supervised banks that partner with non-bank lenders. to offer high cost installment loans. Two of the letter’s authors, California Senator Monique Limon and Assemblyman Tim Grayson, were also sponsors […]

Review of possible financing installment loans 2022 – Forbes Advisor

Although Possible Finance can quickly offer small loans to borrowers with bad credit (or no credit), it charges higher APRs than some other personal lenders. Here’s how Possible Finance’s installment loans stack up against competitors. Possible financing against upgrade Upgrade offers personal loans starting at $1,000, so it might be a better option than Possible […]

Michigan lawmakers agree to “beer walls,” swim-up bars; “We need these things”

Liquor-licensed hotels, resorts and water parks would have the option to open water bars for adult clients under bipartisan House legislation directed at Governor Gretchen Whitmer after a 37-1 vote in the state Senate. Related: Bars, restaurants and other businesses with an ‘on-site’ liquor license would also be allowed to set up ‘self-service dispensers’ – […]

How bank closures are hurting consumers and what you can do about it

Select’s editorial team works independently to review financial products and write articles that we think our readers will find useful. We earn commission from affiliate partners on many offers, but not all offers on Select are from affiliate partners. It’s no secret that as more and more services go digital, retailers sometimes struggle to find […]

Talent-hungry employers offer workers naturalization help

Amazon.com Inc. is at the forefront of efforts to help workers obtain citizenship and other immigration benefits, an effort to attract and retain talent, as government officials and business groups consider immigrants as the key to meeting labor needs in the United States. The e-commerce giant “Welcoming door” program targets refugees and other humanitarian immigrant […]

MoneyMutual Bad Credit Loans Services makes it a top member of the Alliance of Online Lenders

Money Mutual Reviews Glendale, California –Direct News– MoneyMutual.com is a website that connects you to multiple lenders on their platform. Since its inception in 2010, MoneyMutual has earned an excellent reputation as a customer-focused service provider for Americans who may face an unexpected financial setback. They are members of the Alliance of Online Lenders and […]

How much does health insurance cost?

HHealth insurance lowers the cost of medical appointments, procedures, hospital stays, tests, prescriptions and more. However, figuring out how much to budget for health insurance can be tricky. Many factors, such as where you live or the type of plan you have, can affect the price of your health insurance. Here’s a helpful breakdown of […]

Virginians win $489 million in payday loan settlement – ​​Daily Press

Online payday loan companies that charged up to 919% interest will spend $489 million to repay some 555,000 borrowers, to settle a class action lawsuit brought by eight Virginians. The lawsuit alleged that Golden Valley Lending; Silver Cloud Financial, Inc.; Mountain Summit Financial, Inc.; and Majestic Lake Financial, Inc., all formed under the laws of […]

VINCE NEIL of MÖTLEY CRÜE featured in new commercial for short-term loan provider DOLLAR LOAN CENTER

MOTLEY CRUE leader Vince Neil is featured in a new advertisement for the loan approval machine of Dollar Loan Center, a short-term loan provider with more than 50 locations throughout Nevada and Utah. Created in 1998, Dollar Loan Center describes itself as “the leading provider of signature installment loans in the industry”. Dollar Loan Center […]

Tip recap: Nothing goes beyond money: Newly approved pilot program will provide $1,000 per month to 85 households – News

City Council approved a pilot program at its May 5 meeting to provide monthly payments of $1,000 to 85 households for an entire year. Once people are accepted into the guaranteed income pilot, they won’t have to “prove” they still need the help, as many government-run financial aid programs normally require. The pilot project will […]

Money Mutual Reviews: Best Bad Credit Loans Market For Fast Approval Of Easy Personal Loans

Loans for bad credit Glendale, California –Direct News– Mutual money connects with the best loans without a credit check lenders and benefits from rapid and sustainable financing. Money Mutual is a friendly corner for anyone looking for extra money in emergency situations. Get your funds and enjoy, as the name suggests. No hidden fees, crowds […]

Tip recap: Nothing goes beyond the money: City to launch guaranteed income pilot program – News

City Council approved a pilot program at its Thursday, May 5 meeting to provide monthly payments of $1,000 to 85 households for an entire year. Once people are accepted into the guaranteed income pilot, they won’t have to “prove” they still need the help, as many government-run financial aid programs normally require. The pilot project […]

Michigan Abortion Law: What You Need to Know If SCOTUS Overthrows Roe

Related: If this official ruling follows the draft’s legal arguments — authored by Samuel Alito and joined by four other conservative justices on the nine-judge tribunal — the legality of abortion would be up to each state. Under a 1931 law that would be reinstated if Roe’s fall, Michigan would be one of nine states […]

Black money, donors like Steven Spielberg fuel Michigan’s suffrage fight

Help the other side is The Sixteen Thirty Funda liberal black money powerhouse that has given $2.5 million to a group fighting the GOP initiative and another $700,000 to a new Promote the Vote committee seeking to expand voting rights in the Constitution of Michigan. Related: The Washington DC-based Sixteen Thirty Fund is among more […]

Mattea Roach on her “Jeopardy!” sequence, 15 minutes of fame

TORONTO- Canadian “Jeopardy!” champion Mattea Roach found herself at the center of an ownership dispute. The 23-year-old Torontonian — or is he a Haligonian? – tutor is now tied for the eighth-longest streak in game show history with 13 straight wins, and his fellow Canadians are taking notice. “The people of Nova Scotia, and then […]

US Secretary of Education Right to Make Financial Education Classes Mandatory | Your money

LOS ANGELES–(BUSINESS WIRE)–April 20, 2022– US Secretary of Education Miguel Cardona says personal finance courses should be mandatory in our schools, and he’s being applauded by schools like Learn4Life, which has been teaching financial literacy to its high school students for seven years. Currently, only 21 states make finance courses mandatory in high school and […]

CFPB Releases Market Snapshot on Consumer Use of State Payday Loan Extended Payment Plans | Jenner and block

Payday loans are small cash loans usually payable in a single payment on the borrower’s next payday. These are forms of consumer credit with very short terms and generally high interest rates.[1] If the borrower cannot repay the loan when due, some states allow the borrower to pay a fee to defer full payment of […]

Get Instant Same Day Payday Loans Online in California –

California is a great place to live thanks to its warm climate and endless beaches. Each city in the state has its particular vibes. At the same time, some people find the cost of living quite expensive here. No wonder so many people struggle to cover bills like mortgage, rent, and utilities. Online payday loans […]

Wells Fargo partners with the Operation HOPE for HOPE Inside program to help low-income residents build their savings

OAKLAND, Calif. (KGO) — Wells Fargo has taken a step forward in helping low-income residents build their savings. The announcement is cautiously applauded by some of the bank’s harshest critics. The San Francisco-based bank announced a partnership with a nonprofit organization to place a financial advisor in some of its branches. The move follows a […]

Access to earned wages under growing scrutiny from regulators

(Photo: Shutterstock) As the prevalence of Earned Wage Access (EWA)/pay-as-you-go providers increase, the product they provide is coming under increasing scrutiny and some are calling for increased regulation. Employees who use EWA’s services have access to their earned wages that have not yet been paid. This way, they don’t have to wait for their employer’s […]

CFPB finds payday borrowers continue to pay significant rollover fees despite state protections and payment plans

A report released today by the Consumer Financial Protection Bureau (CFPB) shows that few payday loan borrowers are benefiting from no-fee extended payment plans, which must be offered to borrowers in the majority of states that do not prohibit payday loans. Instead of using payment plans, borrowers continue to pay for expensive loan rollovers. While […]

Slick Cash Loan Offers Instant Loans Guaranteed Approval Online Across the United States

Slick Cash Loan makes it easy for anyone to get a loan with instant loans online with guaranteed approval. Slick Cash Loan, the leading online loan service renowned for its fast and reliable loan services, now offers online instant loans with guaranteed approval across the United States. People short of funds can contact Smooth cash […]

GoDo and Highnote Bring Financial Inclusion to Millions of Americans Living Paycheck to Paycheck | News

SAN FRANCISCO, April 05, 2022 (GLOBE NEWSWIRE) — Go doa fintech offering free same-day advances to employees, has partnered with High scorethe world’s most modern card issuance platform, to create the GoDo Card, a new card program that gives underbanked workers immediate access to interim wages at no cost. Powered by Highnote’s card issuance platform, […]

From housing assistance to repairs, there’s no quick fix for decades of economic racism against black Americans

The history of racism, discrimination and violence runs deep. Whenever black Americans have made progress, they have been removed either legally, such as when the city council of Manhattan Beach, California, used eminent domain in the 1920s to keep Bruce’s Beach away from a black couple who exploited a resort for black people, or violently, […]

Is access to earned wages the way of the future? 5 tips for employers looking to attract and retain talent with pay-as-you-go | Fisher Phillips

To combat a tight job market and a seemingly shrinking workforce, employers are looking for creative ways to retain and attract talent. An Earned Wage Access Policy – ​​a groundbreaking benefits program that gives employees near-instant access to their pay – might just be what gives companies the edge. In fact, companies using these benefit […]

Michigan’s term limit ballot proposal is criticized as “misleading”. Is it?

LANSING—Would a recently launched Michigan ballot proposal increase or decrease term limits for state lawmakers? It depends on how you look at it. Voters for Transparency and Term Limits — a bipartisan petition group seeking to amend the state Constitution — rightly notes that the measure reduces the overall length of time an official can […]

Workers trade staggering amounts of data for ‘payday loans’

Argyle CEO Shmulik Fishman said the company can coach lenders on factors such as consistency of work and upward trajectory. “Does your job title move up every six months? These are signs of a good worker and one you might want to take another look at,” he says. Reputation markers, however, may reflect bias. Shannon […]

Mike Tyson launches line of “Mike Bites” ear-shaped cannabis gummies

Getty Images Nearly 25 years after being disqualified from the World Boxing Association heavyweight championship for biting off the ears of opponent Evander Holyfield, the boxing legend continues to make jaw-dropping headlines. His newly launched cannabis company is launching ear-shaped weed gummies called “Mike Bites.” “Sacred ears! They are finally here! Go get your Mike […]

TAB Bank dragged into seedy world of puppy mill loans by fintech partner

EDITOR’S CHOICEFree access to the best insights and insights – curated by our editors. Transportation Alliance Bank (TAB Bank) in Ogden, Utah, has a partnership with a fintech called EasyPay Finance that appears to advance the bank’s financial inclusion goal – it lends to people with low FICO scores who couldn’t get credit elsewhere – […]

Consumer claims unlicensed lender tampered with tribal ownership

By Joyce Hanson (March 15, 2022, 8:02 p.m. EDT) – Lending website FirstLoan.com has been slapped with a proposed class action lawsuit in federal court in Illinois accusing it of making predatory loans with annual rates of up to 700%, in violation of state consumer fraud laws and the Racketeer Influenced and Corrupt Organizations Act. […]

The pandemic has sparked a golden age of crypto scams

Cipher numbers may not be reliable, depending on some studiesUp to 90% of exchanges on most exchanges, it’s “wash trading”: bogus trades designed to generate a false impression of volume, which in turn attracts more traders and influences prices. But the numbers we have, while rough, reflect a booming industry defined in large part by […]

California Regulator Says FlexWage Earned Wage Product Isn’t a Loan | Lawyer Andy

FlexWage Obtains a Favorable Ruling from the California Department of Financial Institutions The California Department of Financial Protection and Innovation (CDFI) has released a opinion this says that FlexWage’s Earned Wage Access product is not a loan under California law and therefore does not fall under CDFI’s regulatory jurisdiction. Earned salary access products are typically […]

More states seek to cap consumer interest rates at 36%

As efforts to implement a national rate cap stall, more states are considering banning consumer loans with annual percentage rates above 36%. New Mexico lawmakers recently approved a 36% rate cap, which would reduce the state’s current maximum APR by 175%. It now awaits the governor’s signature. Lawmakers in Rhode Island and Minnesota are considering […]

Bragar Eagel & Squire, PC reminds investors that class action lawsuits have been filed… | News

NEW YORK, Feb. 23 10, 2022 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, reminds investors that class action lawsuits have been filed on behalf of shareholders of FirstCash Holdings, Inc. (NASDAQ: FCFS), NRx Pharmaceuticals, Inc. (NASDAQ: NRXP, NRXPW), Clarivate Plc (NYSE: CLVT) and Bumble, Inc. (NASDAQ: BMBL). […]

Startup Offers Payday Reimbursed Loans | PaymentsSource

A former Citigroup executive has raised about $9 million in a new round of seed funding for Paywallet, which extends credit to borrowers whose repayments come from their paychecks. Jacksonville, Florida-based Paywallet has piloted the concept for the past two years and plans to officially launch its product this year using a new round of […]

MANDEL: The killer is sentenced to life without the possibility of parole for 18 years

Breadcrumb Links Toronto and the GTA criminality Abdiljibar Mahamoud beheaded his ex Brittney Newman in front of their two young children in 2018 Brittney Newman, 25, was beheaded in front of her two children by her ex, Abdiljibar Mahamoud, in February 2020. Picture by handout /GoFundMe Content of the article A monster broke into Brittney […]

Government agency aims to crack down on student loan servicers who flout forgiveness rules

Ting Shen/Bloomberg via Getty Images On Friday, the Consumer Financial Protection Bureau vowed to crack down on student loan servicers who flout rules on loan forgiveness for public servants. The government agency said it “plans to prioritize” monitoring student loans over the coming year, with a “particular focus” on monitoring how services engage with federal […]

Inside the fight for banks to benefit their communities • Sacramento News & Review

As banks continue to merge, advocates are trying to ensure low-income communities won’t have to pay for it. By Robin Urevich, Capital & Main This story is produced by the award-winning journalism association Capital and main and co-published here with permission. At a time when big banks are easily getting approval for profitable mergers, some […]

This loan fund couldn’t find affordable housing to support, so they’re building it

The Northwest Native Development Fund is taking an upstream approach to boosting affordable housing and entrepreneurship on Washington’s Colville Reservation. Ted Piccolo wants to build at least one house every year on the Reservation Colville in northeast Washington. “Maybe one year we’ll do two, depending on how it goes,” says Piccolo, who is executive director […]

Payday loans in California

The payday loans available in california online are among the most reliable option for those who require immediate cash. These loans are great for emergency situations such as repair of your car, unexpected medical bills as well as other financial issues that are too fast to be budgeted for. In actuality payday loans can save the day […]

How Payday Lenders Target Consumers Hurt by Coronavirus

Lenders that target struggling borrowers for loans with triple-digit interest rates have overcome yearslong efforts to restrict their lending and are pitching their products to consumers in need of cash during the coronavirus pandemic. They sidestepped state crackdowns by joining with out-of-state banks to offer loans and now are bypassing ad bans put in place […]

ILGM Review: Scam Seed Bank or Quality Strains? In-Depth Reviews of ILoveGrowingMarijuana.com

click to enlarge Medical marijuana is illegal in many states. However, even in the states where the thing is legal, cannabis stuff remains criminalized in the eyes of the federal government. Weed seeds aren’t allowed to cross state borders, even. This makes buying marijuana seeds (locally and abroad) more of a gamble – be it […]

5 Best Surrogate Agencies of 2022: An in-Depth Guide to Surrogacy Services | Paid Content | Cleveland

click to enlarge Whether you’re thinking of becoming a new parent through surrogacy or becoming a surrogate yourself, it’s vital to be educated about the best surrogate agencies out there. Surrogacy is a monumental journey for everyone involved and requires all parties to be properly informed about what it really entails. Therefore, today, we are […]

The payday lender that billed 16,734,509.4% | Payday loans

MMost of us know that payday loans can be a horrifically expensive way to borrow money, with Wonga.com charging interest rates of 4,000% APR or more. But if you thought that was as bad as it gets, take a look at the loan agreement sent to Adam Richardson and the APR listed: a jaw-dropping 16,734,509.4%. […]

Britons turned away by banks caught in coronavirus credit crunch

Through Sinead Cruise, Iain Withers LONDON (Reuters) – When a payroll problem left Natalie Gallagher so cash-strapped this month that she couldn’t afford her bus ticket to work, she turned to her regular lender Amigo for an emergency complementary loan. FILE PHOTO: People walk through empty shopping area in Liverpool as spread of coronavirus disease […]

Suspects finally indicted for the August fire at Saint-Joseph church

Well, it might have taken a little while, but better late than never. Justice triumphs once again for the Pittsfield Police Department! As many of you may recall, in early August a fire which was later determined to be intentionally started burned the south side door of St. Joseph’s Church on North Street. in Pittsfield. […]

HQ labor commissioner posts FAQ for additional COVID-19 paid sick leave law

In a previous post, we explained Senate Bill 95, which requires employers with more than 25 employees in California to provide additional paid COVID-19 sick leave. you can read it here. SB 95 creates sections 248.2 and 248.3 of the California Labor Code. It comes into force on March 29, 2021 and apply retroactively as […]

Are government interest rate caps an automatic gain for borrowers?

Low-cost, short-term lenders, unencumbered by a maximum federal interest rate, can charge borrowers rates of 400% or more on their loans. But more and more states are reducing that number by setting ceiling rates to curb high-interest lending. Currently, 18 states and Washington, DC, have laws that limit short-term loan rates to 36% or less, […]

Disgorgement Claims Challenged in Light of United States Supreme Court Decision AMG Capital Management, LLC v. FTC | Foley & Lardner LLP

In a unanimous decision of AMG Capital Management, LLC v. FTC, the United States Supreme Court ruled that the Federal Trade Commission (FTC) did not have the power, under Section 13 (b) of the FTC Act, to seek restitution or restitution. The FTC had frequently used Section 13 (b) to demand monetary payment, collecting $ […]

Tax on U.S. Olympic medals makes IRS biggest winner

Who gets a piece of every American medal? The IRS of course, since the US tax system taxes even Olympic prizes and awards if the recipient earns $ 1 million per year or more. Most awards do not have this threshold, so in that sense, Olympians benefit from better taxation. After the Tokyo 2021 Games, […]

Metro Bank introduces fees for withdrawing money abroad | Debit cards

Metro Bank customers who use their debit and credit cards while on vacation outside of Europe will have to pay fees starting in March, the company said. The bank, which claims to be “reinventing the rules of retail banking,” currently offers free transactions for using the card abroad, but from March 18 it will impose […]

Build bigger muscles with muscle hypertrophy training

Table of contents (quick navigation) Muscle hypertrophy training is defined as increasing the growth of your muscle tissue. It is about expanding your muscles by working them. It is most often associated with weight lifting. Your muscles grow when you put constant resistance and weight on them. Muscle hypertrophy occurs when your muscle tissue is […]

FBI’s Cliff Rosenberger probe: 5 things we learned on Monday

COLUMBUS, Ohio – Files released Monday on cleveland.com and other Ohio news agencies confirmed earlier reports that the FBI was investigating former House Speaker Cliff Rosenberger’s connections to lobbyists payday loans with which he traveled abroad. The office of the President of the Chamber issued a grand jury summons issued to a senior official in […]

33 rural counties in the SD lose 4,871 people; City’s 6 counties add 65,593 – Dakota Free Press

According to 2020 demographics released by the United States Census Bureau on Thursday, the past decade has seen exactly half of South Dakota’s counties are gaining population and exactly half are losing: “Percent Change in Population of South Dakota Counties: 2010-2020”, United States Census Bureau, 2021.08.12. “Numerical Change in the Population of South Dakota Counties: […]

Watchdog promises swift crackdown on dishonest businesses charging holidaymakers huge sums for Covid swabs

End of the travel testing scam? Watchdog promises swift crackdown on dishonest businesses charging holidaymakers huge sums for Covid swabs The Competition and Markets Authority said it was working on imminent “interim” measures to ensure families can get a well-deserved break abroad The body said it would “not hesitate to take enforcement action” against test […]

Ministers accused of abandoning plans to allow families to take rapid and free Covid tests with them

Ministers accused of dropping plans to lower the price of overseas vacations by allowing families to bring free Covid-19 rapid tests with them A scheme for Britons to take a lateral flow test was considered earlier this year But sources said the money to pay them was due to run out this month And insiders […]

Black Widow star Scarlett Johansson sues Disney (DIS)

The Walt Disney Company (SAY) last version Black Widow is becoming a source of controversy. The film, which recorded the best opening weekend of the year in Hollywood for crashing into one of lowest box office receipts for a Marvel movie, made headlines after movie theater owners criticized Disney’s business strategy. It’s in the news […]

Instagram influencer Hushpuppi pleads guilty to money laundering

Self-proclaimed “billionaire Gucci Master” Ramon “Hushpuppi” Abbas is now waiting to be … [+] sentenced after admitting money laundering charges. Universal Images Group via Getty Images The lavish life of fast cars, designer clothes and private jets has come to an end for Nigerian Instagram influencer Ramon “Hushpuppi” Abbas, 37, after pleading guilty in California […]

Illinois, OxFam ask shareholders to reject Johnson & Johnson CEO’s $ 30 million salary

The fight for the $ 30 million salary of Johnson & Johnson CEO Alex Gorsky is escalating. The state of Illinois, the charity OxFam, and several church organizations have filed letters with the Securities and Exchange Commission opposing his compensation. The letters urge shareholders to vote no on a “say on pay” proposal that will […]

European fintech startups with overseas ambitions fill war coffers at record clip

Helsinki-based Holvi left the UK market in October, citing the pandemic and a volatile post-Brexit landscape. (Courtesy of Holvi) Earlier this month, a British fintech startup Curve launched a crowdfunding round to build on the £ 72.5million (roughly $ 102million) Series C it closed in January, to fund its expansion into Europe and the United […]

Key takeaways for regional and community banks from the Federal Reserve’s April 2021 Supervisory and Regulatory Report | Man’s pepper with trout

Twice a year, once in the spring, and then again at the end of the year, the Board of Governors of the Federal Reserve System (Federal Reserve) publishes a report on banking conditions in the United States. Typically, the Spring Report summarizes the Federal Reserve’s supervisory and regulatory position for the next twelve months and […]

Police Recordings of Your Video Doorbell FAQ

How do police and fire departments request videos from Ring owners?When law enforcement wants to collect footage from owners of Ring devices, they create a message requesting assistance through the neighbors’ public safety department. Ring users within a certain distance of the incident will then receive a notification about the post. What do support request […]

Is the Municipal Bank of Los Angeles project a good idea? – Daily News

Last week, the Los Angeles City Council’s Economic Development and Employment Committee approved a motion in favor of the Municipal Bank of Los Angeles. It’s a bad idea. Proponents confuse lending with spending. The bank is backed by a variety of special interest groups – but there is no transparency. No information on funding from […]

“We always get up.” Black-owned bookstore in Newark navigates pandemic

In the summer, he closed half the store and planned an expansion. Sawdust mixed with incense as he knocked down walls, raised the ceiling, turned an elevator shaft into an office, and relocated the cash register under the stairs. Its second-floor tenant, Walm N’Dure, has extended the fitness center he runs to the roof, setting […]

CA bill adds second monthly pay day for state employees

A Republican lawmaker wants to help California state employees balance their checkbooks without giving them a raise. Senator Andy Vidak of Hanford is pushing a bill that would force the state to pay its employees more often, moving to bi-weekly paydays instead of the monthly schedule the state government uses currently. The change would require […]

Small businesses got emergency loans, but not what they expected

For nearly 70 years, the Small Business AdministrationThe disaster relief program has helped businesses recover from disasters such as wildfires, hurricanes and earthquakes. But he’s never been faced with anything like the coronavirus crisis. Besieged by over eight million candidates – and operating in the shadow of the hastily assembled Paycheck Protection Program – The […]

Cash-strapped Chinese giant is tapping into a new source of money: its workers

HONG KONG — Just before payday, an email was sent to employees by senior managers: Give us your money, and we’ll make it worth it. It was one of many arguments for HNA Group, a Chinese conglomerate struggling with an estimated $90 billion in debt amassed during a global shopping spree that included buying stakes […]

Use less land and water, grow more local food – Dakota Free Press

Here’s another next big thing for South Dakota to consider: We’ve turned most of our grassland into fenced-in food factories… so why not turn old factories into farms? fifth season grows real food for real people in a former steel mill in Braddock, Pennsylvania, a decimated borough outside Pittsburgh (literally: the population is a tenth […]

FDIC Files Motion for Summary Judgment in Lawsuit Challenging Its “Madden-fix” Rule

United States: FDIC files motion for summary judgment in lawsuit challenging its ‘Madden-fix’ rule May 31, 2021 Ballard Spahr LLP To print this article, all you need to do is be registered or log in to Mondaq.com. The FDIC has filed a motion for summary judgment in the lawsuit brought by the attorneys general of […]

Arizona House approves 204% ‘flexible’ loans

A bill allowing short-term loans at an annual interest rate of 204% creaked through the Arizona House of Representatives on Monday after intense lobbying to lift the 36% cap on usury laws of State. The 31-26 vote moves the debate to the Senate, where the bill died last month in committee but was revived as […]

Eighth Circuit Holds Standard Disclosures Alone Insufficient to Involve FDCPA Protections | Man’s pepper with trout

In Heinz v. Carrington Mortgage Services LLC, the Eighth Circuit ruled that the mere inclusion of a boilerplate disclosure language does not transform an otherwise benign information communication into one intended to induce the debtor to pay under the “purpose of animation” test. Which makes an overall consideration of the purpose of an individual communication […]

NJ Regulators Block Digital Asset Firm BlockFi From Offering Interest-Bearing Cryptocurrency Accounts | Man’s pepper with trout

Between July 20 and July 22, 2021, securities regulators in the states of New Jersey, Texas and Alabama targeted BlockFi – a cryptocurrency-based platform that raised $ 14.7 billion from investors – linked to the company’s interest-bearing crypto accounts. This regulatory review, conducted by a bipartisan group of state securities regulators, may prove important given […]

It was almost impossible for my children to see me in prison. Then COVID-19 struck.

As businesses began to reopen, we have been subjected to more and more torturers from business owners, especially restaurants and similar service-based workplaces, who insist that ‘they are facing a labor shortage. The argument, some argue, is that unemployment benefits are too generous and discourage work, leaving employers unable to hire workers. Fortunately, these stories […]

Today in Military History: The British capture and burn Washington DC

On August 24, 1814, British forces were victorious at the Battle of Bladensburg, Maryland, and marched on Washington, D.C. The Washington Fire was a retaliatory attack for the American Toronto Fire and much of the US capital was burned down. Little has remained of the original city, including the original White House. The United States […]

How regulation could change payday loan interest in 2021

What Might Change With US Online Payday Policy In 2021 If you need credit, it’s easy to fall victim to predatory lending. Online personal loan It is one of the easiest solutions you can take when you need cash immediately. It’s an option that even people with poor credit can use, so it seems attractive […]

Restrictions on payday lenders to be lifted

NEW YORK — The nation’s federal financial watchdog said Wednesday it plans to scrap most of its regulations governing payday lenders. The move is seen as a victory for the payday loan industry, which has argued that government regulations could kill much of its business. But consumer groups say payday lenders exploit the poor and […]

Biden signs bill to curb predatory lending

Over the past few years, consumer credit protections have weakened due to a series of harsh attacks that have either dismissed outright or drastically reduced financial safeguards in the marketplace. But another consumer victory, spurred on by an outpouring of support from ordinary people, academics and bicameral lawmakers, signals an important step toward fair financial […]

Uber and Lyft don’t have to treat drivers as employees yet

By Cathy Bussewitz and Michael Leidtke | Associated Press BERKELEY — An appeals court has allowed ride-sharing giants Uber and Lyft to continue treating their drivers as independent contractors in California while an appeal makes its way through the court. Both companies had threatened to close if a decision took effect Friday morning that would […]

The Politico owner is reportedly seeking $1 billion in a deal with Axel Springer.

Microsoft headquarters in Redmond, Washington. Within a week of Microsoft offering Maven Clinic as a benefit in March, 1,300 employees had signed up.Credit…Stuart Isett for The New York Times Maven Clinic, which provides online health services to women and families, announced on Tuesday that it has raised $110 million in funding, bringing its valuation to […]