Several thousand Financially Vulnerable Individuals Making Use Of Russell Simmons’s Rushcard Simply Got Screwed Around 68 million People in the us are unbanked or underbanked —either living without a banking account, or depending on “alternative,” predatory banking institutions like cash advance payday loans Indiana shops, check cashers, and payroll that is prepaid. One item in…
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Customer protection agency, for first-time, takes aim at payday loan providers The buyer Financial Protection Bureau on Thursday revealed a plan that is new it stated would help rein into the $50 billion payday financing industry and stop low-income borrowers from facing spiraling degrees of financial obligation. The proposition, which still must face months of…
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