Academic business

Payday loan invoice: reform or bogus? | Local company

If signed by the governor, the bill would make two main changes. It bans the renewal of two-week payday loans, a practice that pushes interest charges to astronomical levels. It also gives troubled borrowers two to four months to repay debt without additional interest. Critics say the reforms are riddled with loopholes. “It’s no use,” […]

Academic business

Benefits, dangers of paycheck advance applications

While these apps can be useful in certain situations, Consumer Reports cautions that there are potential drawbacks you should be aware of. ST. LOUIS – Do you need money quickly? No need to go to a bank or a payday lender. Paycheck Advance smartphone apps are growing in popularity as a way to get cash […]

Academic business

Why is Missouri subsidizing the federal government movement?

And in other economic articles this week, the increase in online installment loans and news from the world of varsity athletics. Missouri offers tax breaks for USDA move The US government moving approximately 500 USDA jobs to Kansas City, Missouri, has been a deal concluded since its announcement this summer (unless the move is deemed […]

Academic business

Kansas City Payday Loan Company Lawsuit | FOX 4 Kansas City WDAF-TV

This is an archived article and the information in the article may be out of date. Please look at the history’s timestamp to see when it was last updated. KANSAS CITY, Mo. – A Kansas City man and his businesses are in the middle of a lawsuit filed Monday by another state’s attorney general. Arkansas […]

Academic business

Nonprofit Groups Fight Payday Loan Companies | FOX 4 Kansas City WDAF-TV

This is an archived article and the information in the article may be out of date. Please look at the history’s timestamp to see when it was last updated. KANSAS CITY, Mo. – There are more payday loan stores in Missouri than the number of McDonald’s and Starbucks combined. A vote-to-rule over payday lender initiative […]

Academic business

Illinois settles deal with Money Mutual and other payday lenders

A settlement has been reached with online payday lenders Money Mutual, Partner Weekly and Selling Source, according to a press release from the Illinois attorney general’s office. The Illinois Department of Financial and Professional Regulation was also involved in the case. The lawsuit claimed that Money Mutual lured borrowers to its website through famous spokesperson […]

Academic business

Fig Loans Personal Loan Review 2022 – Forbes Advisor

Fig loans are an expensive option. The best personal loans offer competitive rates, flexible loan amounts, and a wide range of terms. Here is how Fig Loans compare to other lenders. Loans Fig vs. Personify Financial Personify Financial is more widely available, with lending options in 26 states versus eight states with loans Fig. It […]

Academic business

Tacos de Torchy offering on-demand compensation to employees

December 13, 2021 Austin-based Torchy’s Tacos offers hourly employees access to their earned wages as needed. Through a partnership with DailyPay, an on-demand pay provider, Torchy employees have instant access to their pay as they earn rather than waiting weeks for payday, according to a company press release. “Employees seek more fulfilling work, and it […]