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Several thousand Financially Vulnerable Individuals Making Use Of Russell Simmons’s Rushcard Simply Got Screwed

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

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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