The energy-efficient loans explain An unsecured Energy Efficiency Loan allows you to borrow money from a lender to make energy-saving improvements to your house without having to put up any security. Because there is no requirement for security and the lender cannot foreclose on your home, the penalty for not repaying
Maine boasts a low cost of living, affordable housing, and many working industries throughout the state. However, with an average state income of $56,000, Maine residents have lower incomes than the national average. This leaves many residents with unpaid bills waiting for payday. Don’t let a high energy bill or
Saving Money / Savings Tips PeopleImages/iStock.com If your savings account seems thin or nonexistent, you’re definitely not alone. It has been reported that around 50% of people have less than three months of emergency savings, and a recent GOBankingRates survey found that a staggering 40% of women have less than
By MORGAN LEE – Associated Press SANTA FE, NM (AP) — New Mexico House lawmakers have approved legislation to discourage predatory lending by lowering the state cap on annual interest rates for storefront loans. Democratic State Rep. Susan Herrera of Embudo is sponsoring the bill that would lower the maximum
Activist partners at Legion Partners Asset Management have called on the board of fashion brand and retailer Guess to remove co-founders and directors Paul Marciano and Maurice Marciano after “more than a decade [of] a pattern of appalling sexual assault and harassment allegations,” according to a Tuesday (February 8) Press
Advancement in the corporate sector, especially in the financial sector due to the creation of fintech applications, has changed the business landscape. Older and more established organizations are now looking for new and more advanced ways of doing business. The fintech industry produces annual revenues of billions of dollars, and
FloatMe, a San Antonio tech startup that gives workers cash advances on their next paycheck, said it has increased $16.2 million from investors during its last fundraising. Overall, the startup has raised $49.1 million in funding since June 2019, including $25 million in debt funding, according to Crunchbase, which tracks
With the resignation of the head of the Federal Deposit Insurance Corp. of the Trump era, consumer protection groups see an opportunity to end “rent-a-bank” loans with exorbitant interest rates. Graeme Sloan/Sipa USA via Reuters hide caption toggle caption Graeme Sloan/Sipa USA via Reuters With the resignation of the head
Koho Financial, an online financial services provider, has raised $210 million in venture capital as it tries to expand its services to offer a new alternative to payday loans in Canada, The Globe and Mail reported on Tuesday. February 1st. Koho’s mobile app provides a savings account at no cost,
PayDay Say Company has just acquired Personal Money Service, an online platform designed to connect borrowers with direct creditors across the United States. The acquisition will better meet the needs of PayDay Say customers across the country, as this company aims to help every borrower meet their urgent financial needs
BEACHWOOD, Ohio — For years, the agency I run — the Hebrew Free Lending Association (HFLA) of Northeast Ohiowhose mission is to promote economic self-sufficiency and growth for people in Northeast Ohio who lack access to safe and equitable lending resources – has worked with hundreds of consumers stuck in
Bank of America’s Balance Assist program can provide small, short-term loans to bank customers for a flat fee. The program, created in part to help customers avoid high-interest payday loans, is expected to be available nationwide in early 2022. Best Features Access the money almost instantly if you are approved.
Posted on Tuesday, December 28, 2021 at 10:51 a.m. Join AFP’s more than 100,000 followers on Facebook Buy an AFP subscription Subscribe to AFP podcasts on Apple podcast, Spotify and pandora News, press releases, letters to the editor: [email protected] Advertising inquiries: [email protected] (© fizkes-stock.adobe.com) Payday loans help the poor feel
MIAMI — The owner of a Miami-based payday loan company defrauded hundreds of investors out of millions of dollars and paid off others with money he acquired through a Ponzi scheme , according to a newspaper report and federal regulators. About 500 investors, including many from the Venezuelan American community
When the coronavirus first posed a threat to the health and finances of Americans, Tiffany Moore of Forest Park first turned to an installment lender hoping for financial relief. The good news: She was approved for a $9,500 loan to compensate a tenant in her property who couldn’t pay rent.
Lansing — A coalition of Michigan groups has taken the first step toward launching a petition campaign to drastically reduce the rates that payday lenders can charge customers for short-term loans. Last Wednesday, a ballot proposal committee called Michiganders for Fair Lending submitted its petition wording to the State Department.