An installment loan is a loan that allows you to borrow a fixed sum that is to be paid back in equated monthly installments (EMIs). Some of the examples of installment loans are auto loans,…
How to Fix Your Bad Credit to Get a Loan?
You may have tons of reasons for applying a loan. A loan can be useful to cover unplanned expenses, pay your credit card bill, or even head off on vacation. But it is really tough…
What You Need to Know About Unsecured Loans
Loans that are provided without accepting any form of collateral are considered as unsecured loans. Your qualification for an unsecured loan mostly depends on your income and credit history. Since there is no risk of…
Are Online Loans Safe?
A decade ago, it was almost impossible to get a loan online. People had to visit banks and stand in a long line to fill out a loan application. But, in this digital age, applying…
Top Three Data Trends Helping To Transform Lending
Sally Taylor Forbes Councils Member Forbes Business Development Council COUNCIL POST| Paid Program Leadership B2B Scores VP and GM, leads business development, analytic R&D, product management, marketing and delivery for global FICO score products. GETTY There…
The newest Payday Lender Appears a great deal like the Old Payday Lender
By Adam Broitman June 20, 2020 FacebookTwitterPinterestMoreLinkedInBuffer Apps guaranteeing to “advance” a user’s wages state they aren’t payday loan providers. Just what exactly will they be? Matt Rourke / AP Jonathan Raines required money. An…
Getting paid early by a bank may be a better alternative than using a pay advance app
Amanda Dixon Senior banking reporter At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here’s an…
FTC Provides Annual Enforcement Report To CFPB
WRITTEN BY: Ballard Spahr LLP The Federal Trade Commission recently provided its annual letter to the CFPB concerning its enforcement activities relating to compliance with Regulation Z (Truth in Lending Act), Regulation M (Consumer Leasing Act), and…
For overdraft-fee haters, the fight against costly charges still drags on
Amanda Dixon Senior banking reporter At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here’s an…
Early Cases Demonstrate The Justice Department’s Commitment To Aggressively Prosecute PPP Loan Fraud
Shortly after the Small Business Administration began accepting applications for Paycheck Protection Program (PPP) loans, two Rhode Island businessmen quickly applied for a combined $543,881 from the program. A few days later, the Justice Department…