Browsing Tag

payday loans

Is daily payment the way of the future? A 5-step guide for employers considering an Early Access…

Adrian L. Aguilar Mar 10, 2022

In what continues to be dubbed the Great Resignation, employers are looking for creative ways to retain and attract talent. An Early Wage Access (EWA) policy – a revolutionary benefits program that gives employees…

Cash sales

What is it, why is it important

Adrian L. Aguilar Mar 10, 2022

Black Players for Change formed in response to nationwide protests following the 2020 police killing of George Floyd. An independent organization of over 170 Major League Soccer players, coaches and staff, the BPC aims to “close the racial…

Cash sales

How private and public partnership can solve the epidemic of financial exclusion

Adrian L. Aguilar Feb 25, 2022

Achintya Ray, Ph.D is Professor of Economics in the College of Business at Tennessee State University.Success in life basically depends on one's ability to participate in the modern financial system. Our accounts in banks and credit unions…

Cash sales

Michigan ballot measure aims to cap payday loan rates

Adrian L. Aguilar Feb 23, 2022

LANSING — A coalition of consumer and civil rights groups hoping to strengthen regulation of Michigan's payday loan industry launched signature-raising efforts on Wednesday to bring the issue before voters in November.Michiganders for Fair…

Cash sales

U.S. consumers set to save billions with bank overdraft reforms

Adrian L. Aguilar Feb 11, 2022

In one of the first efforts to assess the impact of recent overdraft fee reforms, new analysis finds changes underway at just five banks could save consumers more than $2 billion a year.The Pew Charitable Trusts reviewed announcements from…

Cash sales

Is San Antonio FloatMe a Safer Alternative to Payday Loans?

Adrian L. Aguilar Feb 7, 2022

FloatMe, a San Antonio tech startup that gives workers cash advances on their next paycheck, said it has increased $16.2 million from investors during its last fundraising.Overall, the startup has raised $49.1 million in funding since June…

Cash sales

Earned Wage Access Products Under New CFPB Scrutiny, USA

Adrian L. Aguilar Feb 3, 2022

The CFPB should reconsider Trump-era guidelines that exempted certain earned wage access products from federal lending laws, as states consider their own safeguards for the rapidly growing industry.Consumer advocates have lobbied for the…

Cash sales

Payday loan vs personal loan: what’s the difference?

Adrian L. Aguilar Jan 12, 2022

If you need money to cover an emergency, you can borrow it in several ways. One is a payday loan. This type of loan is easy to apply for but can be very risky. Payday loans charge high interest rates and often have hidden fees.…

Cash sales

North Carolina cash loans are available to all say Greendayonline

Adrian L. Aguilar Dec 20, 2021

North Carolina is justly famous for its varied scenery. Its west region is home to breathtaking Mountains located in Smoky National Park. The people of North Carolina are diverse as well. Many immigrants have sought employment as well!-->!-->!-->…

Cash sales

Research argues for fixes to income-based reimbursement

Adrian L. Aguilar Dec 20, 2021

Two recent reports point to the need to reform income-driven plans to repay student loans as the repayment pause ends early next year and the Education Department seeks to create a new plan through regulatory process. Of those borrowers in…

Cash sales

Payday loans bill draws criticism :: WRAL.com

Adrian L. Aguilar Dec 20, 2021

By Mark Binker and Laura LeslieRaleigh, North Carolina – North Carolina lenders could once cons give out small, short-term loans, known as payday loans, under a bill introduced by…

Cash sales

Torchy’s Tacos offers on-demand pay to employees

Adrian L. Aguilar Dec 20, 2021

December 13, 2021Austin-based Torchy's Tacos offers hourly employees access to their earned pay as needed. Through a partnership with DailyPay, an on-demand compensation provider, Torchy employees have instant access to their pay as they…

Cash sales

TORCHY TACOS PARTNER WITH DAILYPAY TO OFFER AN ON-DEMAND COMPENSATION BENEFIT TO SUPPORT EMPLOYEES

Adrian L. Aguilar Dec 20, 2021

Craft Fast-Casual offers daily pay to provide financial flexibility and welfare benefits to hourly employeesNEW YORK, December 9, 2021 / PRNewswire / - Tacos de Torchy, the popular Austin- the brand known for its Damn Good Tacos and its…

Cash sales

Payday Loans Trap Social Security Recipients in Debt

Adrian L. Aguilar Dec 20, 2021

Bloomberg / Getty Images!-->!-->!-->!-->!-->!-->!-->…