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New York Prosecutors Charge Payday Loan Firms with Usury

A trail of money that began with triple-digit loans to troubled New Yorkers and wound through companies owned by a former used-car salesman in Tennessee led New York prosecutors on a yearlong hunt through the shadowy world of payday lending. [...]

New York Prosecutors Charge Payday Loan Firms with Usury2019-05-21T15:38:46-04:00

S&P: Income Inequality Is Damaging the Economy

Improved education will have clear benefits for GDP growth, S&P says Rating agency Standard & Poor’s has become one more emphatic voice blaming the halting post-recession recovery on high income inequality in the United States, as an S&P report out [...]

S&P: Income Inequality Is Damaging the Economy2019-05-21T15:38:52-04:00

Credit Union Group Offers Alternative to Payday Loans

A group of five credit unions have signed on to a new program in which they’ll partner with employers to offer small cash loans that don’t require a credit check. Those involved say one of the primary missions of the [...]

Credit Union Group Offers Alternative to Payday Loans2019-05-21T15:39:08-04:00

Your Money, Your Goals

The Consumer Financial Protection Bureau has released Your Money, Your Goals: A financial empowerment toolkit for social services programs. Your Money, Your Goals is a toolkit that social services organizations can use to help their clients set goals, choose financial products [...]

Your Money, Your Goals2019-05-21T15:39:16-04:00

When Employees Need More Than an Advance on Their Paycheck

NPR Planet Money reveals the impact Neighborhood Trust's Employer Solution is having at a marketing firm in Seattle where Andrew Rosenkranz describes the benefit of offering financial advisement to his employees. Read the rest at NPR Planet Money

When Employees Need More Than an Advance on Their Paycheck2019-05-21T15:39:59-04:00
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