Alberto looks at the Vivus website.ANGEL SANCHEZ Three in 10 Spanish families regularly run out of money before the end of each month, according to a new survey by OCU, Spain’s leading consumer rights organization. At the same time, around half of households have encountered serious financial difficulties at least …

Payday lenders have fought and lost a battle to block new federal rules limiting short-term loans that critics say can trap people in cycles of debt. Now, with the restrictions set to take effect next year, lenders have moved their fight to the courtroom and won a powerful ally: the …

Up to 387,000 former clients of a collapsed payday lender could seek redress if they believe they have been sold an unaffordable loan. Directors of DJS (UK) Limited – which operated as PiggyBank – say they were unable to determine the number of unsecured creditors as they don’t know many …

The watchdog has initiated proceedings in Federal Court against two payday lenders for alleged unauthorized credit activity. The Australian Securities and Investments Commission (ASIC) has initiated proceedings in the Federal Court of Australia against Cigno Pty Ltd and BHF Solutions Pty Ltd for alleged breaches of the National Consumer Credit …

Clair, a social impact fintech, has officially announced the closing of a $ 4.5 million funding round led by Upfront Ventures, Founder Collective and Walkabout Ventures to disrupt the payday lending industry. What there is to know? Clair is a holistic instant pay-as-a-service solution for human capital management and odd-job …

Payday and short-term loans are a controversial topic in the United States, especially when it comes to their regulation. Loans, usually for small amounts and on a short-term basis, are hailed by proponents as necessary tools for consumers facing a financial burden, such as an unexpected car repair, with few …

PAYDAY and short- and medium-term loan borrowers struggling with repayments due to the coronavirus should contact their lender as soon as possible. These lenders don’t have a comprehensive method of helping clients, like offering three-month repayment holidays like we’ve seen banks do with mortgages. ⚠️ Read our coronavirus live blog …

COLUMBUS, Ohio – Advocates for a crackdown on payday now payday loans say the proposed legislative changes discussed at an Ohio Senate committee hearing on Thursday came directly from the industry handbook. Alex Horowitz of Pew Charitable Trusts, which supports Bill 123, said he had heard them all before. Over …

A loan store on South Cooper Street in Arlington last year Khampha Bouaphanh Star-Telegram Archives ARLINGTON Arlington City Council voted unanimously on Tuesday to restrict where payday lenders and auto lenders can do business. The measure, which requires a second vote to be finalized, would create a new land use …

New Jersey Attorney General Gurbir Grewal on Thursday urged federal authorities not to overturn regulations aimed at preventing predatory lending companies from crushing poor borrowers through high interest loans. In comments submitted to the federal Consumer Financial Protection Bureau, attorneys general for 25 states, led by New Jersey and the …