• CFPB Data on Car Title Loans May Be Inaccurate

    CFPB Data on Car Title Loans May Be Inaccurate1

    CFPB Data on Car Title Loans May Be Inaccurate The car title loan is a valuable financial service that fills an important community need for capital. On May 18, 2016, the Consumer Financial Protection Bureau (CFPB) released a study on short-term auto title loans, which has become the center of controversy. Academics have demonstrated that

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  • CFPB Proposes The Ability-to-Repay Provision

    CFPB Proposes The Ability-to-Repay Provision0

    Since it was established in 2010, the Consumer Financial Protection Bureau has radically transformed several types of consumer lending. Though many of the CFPB’s new regulations have been targeted at the shoddy mortgage underwriting practices that led to the housing crash and subsequent recession between 2007 and 2009, the group has lately turned its attention

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  • The Top 10 Finance Apps for Your Phone

    The Top 10 Finance Apps for Your Phone0

    Managing your finances can be quite the headache. Having to monitor multiple income sources and expenditure lines is not the easiest of tasks, especially since it is not the only task that requires attention and the possibility exists that you can forget some items you have spent money on in the recent past. Remember those

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  • Google to Ban Payday Ads but Invests in LendUp

    Google to Ban Payday Ads but Invests in LendUp0

    Google Inc. as we now know it is a subsidiary Alphabet Inc. Google Ventures (now known as GV) is also a subsidiary of Alphabet Inc. Google and Google Ventures are individual entities which operate independently of each other. The primary function of Google Ventures is to make money by investing capital into “companies that push

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  • Personal Loans vs. Credit Cards

    Personal Loans vs. Credit Cards0

    You’ve found yourself in a delicate money situation that requires assistance.  After weighing the options, among the numerous options that exist in the world, you’ve narrowed your findings down to two solid options.  You must decide between the credit card and the personal loan?  And even after making a list of pros and cons, you’re

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  • Flex Loans in Arizona, Friend or Foe?

    Flex Loans in Arizona, Friend or Foe?0

    In 2008, Arizona banned “payday” loans. The loans were criticized for taking advantage of citizens who had no credit scores or access to bank loans and, thus, were cornered into high-risk loans that could tag on even higher APRs. Despite this ban, payday loans are back under a new name –flex loans. It seems that

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  • Private Student Loans Vs. Federal Student Loans

    Private Student Loans Vs. Federal Student Loans0

    We all like to imagine that we’ll be able to pay for college or send our kids to college without taking out any loans or going into debt. Unfortunately, though, for the average American, that’s just not possible, especially not with the ever-rising costs of college tuition. If you are a parent about to send

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