The small dollar lending space is starting to see some real innovation. After banks have basically ignored this population for...
This month the CFPB announced a new rule aimed at payday lenders to prevent debt traps; Lend Academy outlines the new rules put in place and shares perspectives from several organizations in the short term loan space. Source
Small dollar loans can be quite profitable. Just look at the number of payday loan stores in the US, there...
On October 5, 2017 the Consumer Financial Protection Bureau announced a new rule aimed to protect consumers against payday loan...