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‘I was betting while my mom was in hospital’: Manchester gambling addicts’…
“My lowest memory will always be watching a game online via a live stream while sitting with my mom while she was in the hospital,” says Danny Cheetham, a 30-year-old former game addict. years. His mother was terminally ill with cancer, but!-->…
Payday lenders are working hard to keep Texas the ‘Wild West’ in the Trump era
Texas is often referred to as the "far west”Predatory lending, an all-happening wonderland where payday lending and auto securities lending companies can charge low-income people sky-high fees every time they desperately need a cash advance…
I took 50 Wonga loans and now I can’t get a mortgage
I first took out a loan from payday lender Wonga when I was in college to fill a funding gap between my final studies and the start of my post as a graduate intern.This led to a ridiculous spiral of 50 loans in 48 months, between 2013 and…
Martin Lewis issues URGENT warning to anyone who has ever had a payday loan
Payday loan companies have gone from barely existing existence to growing popularity, regulation and possible extinction in less than a decade. Wonga - the industry standard bearer - collapsed into administration last summer, while Wage Day!-->…
New Disbursement Funding Options in the Modern Era of Contingency Fee Legal Practices
“Our law firm clients rely on us to fund disbursements which individually are not significant expenses, ranging from hundreds of dollars for court fees to several thousand dollars for expert reports,” Stephen…
Half a million Sunny payday loan customers to get credit records wiped out on badly sold loans
Half a million Sunny payday loan customers are on the verge of wiping their credit records for poorly sold loans.
The boost means thousands of customers will get defaults or missed payments markers removed from their records, giving their…
Scott Tucker’s $ 1.3 billion payday loan fine upheld by appeals court
A San Francisco appeals court upheld a lower court ruling on Monday that Kansas City payday loan mogul Scott Tucker cheated borrowers and owes pay a record $ 1.27 billion to the Federal Trade Commission. But some of the appeals…
Quo, a Stanford consumer fintech startup, leverages AI for financial security
Payment for the car is due in seven days. The electricity bill is overdue. Cable service has been cut. You have to go to the doctor, but you are not insured.
You have also discovered that your home is in need of major repairs. You've…
Payday Lenders Find Ways To Bypass Google’s Advertising Ban | Payments Source
The ACE Cash Express payday loan chain had a brief moment of notoriety in 2014, when a misguided illustration of an internal training manual slipped into public view.Surprisingly straightforward, the graph depicts the debt cycle for which…
Payday loan fight turns bipartisan in US as CFPB backs down
Filling a loophole in Georgia's usury laws that allows auto title lenders to charge interest rates as high as 300% is neither a Democrat nor a Republican problem for State Senator Randy Robertson .The Republican lawmaker has said that…