In defense of car title loans

Dec 13, 2018 Sean Albert

In defense of car title loans

Recently, there has been heavy criticism of the short term lending industry. Many of the detractors, including a number of leaders within the New York state government, have taken umbrage with the most basic form of loans offered by these companies


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Lenders looking to social media to assess reliability

Dec 13, 2018 Sean Albert

Small businesses and startups may not realize it, but who they interact with online could be affecting their credit scores and their ability to access financing.According to a recent article from InformationWeek, an emerging group of lenders


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Officials regulating short term products despite high demand

Dec 13, 2018 Quinn Thomas

A number of federal organizations and local government groups have taken aggressive steps to limit the ability of the short term loan industry to function in recent months. The Consumer Financials Protection Bureau (CFPB), and the Office of


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Debt collection firms see revenues retreat due to compliance issues

Dec 13, 2018 Phil Burgess

Debt collection firms see revenues retreat due to compliance issues

Debt collection agencies posted a decline in revenue overall last year. According to insideARM, earnings before interest, taxes, depreciation and amortization dropped for seven of the eight collection company size categories measured last year


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Is the US government ready to adopt electronic payments?

Dec 13, 2018 Dave King

The use of electronic payment systems has been on the rise in the United States among consumers in recent years. With the advent of the smartphone and proliferation of e-commerce portals, more Americans are starting to make purchases on digital


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