The states have taken the lead when it comes to interest rate caps with 32 states capping APR at 36%;...
The UK based Financial Conduct Authority is proposing new rules to simplify the savings market; banks will be able to...
NY based Quontic Bank saw retail deposits grow by 261 percent to $200mn and their retail customer base double in...
While the Fed kept interest rates steady at their meeting this month both Marcus and Ally Financial have decided to...
Federal Reserve Chairman Jerome Powell has reiterated the central bank would be patient in raising interest rates this year after...
There has long be rumors that there was a split amongst democrats over whether extending the 36 percent rate cap...
The Financial Conduct Authority is proposing new rules for those that offer cash savings; under the plans, financial institutions will...
Last month five legislators introduced the Veterans and Consumers Fair Credit Act, a bipartisan piece of legislation that proposes an...
The California legislature is getting closer to approving legislation that would cap interest rates at 36 percent on loans between...
The marketplace lending industry has never had to deal with an environment where interest rates are increasing. We’re not talking...