Predatory lending might sound like a finance buzzword, but its impact is all too real. Picture signing up for a loan that seems like a quick fix, only to discover hidden fees and sky-high interest ...
In December 2025, the City of Baltimore initiated a lawsuit against Dave Inc. (Nasdaq: DAVE), a Los Angeles-based financial technology company.
The Federal Deposit Insurance Corporation (FDIC) Supervisory Policy on Predatory Lending (FDIC FIL-6-2007) describes certain characteristics of predatory lending and reaffirms that such activities are ...
A law designed to help protect soldiers and military families from predatory lenders may actually be allowing them to be taken advantage of, a new government report found. The Consumer Financial ...
Through a $1 billion settlement announced by New York Attorney General Letitia James, Yellowstone Capital agreed to wipe out more than $534 million in debt of its small-business clients. It resolves ...
SEATTLE, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Radix Financial Group, a financial services firm with over $600 million secured in funding for small businesses, today announced the launch of Go SBA Express ...
The city of Baltimore has lodged a lawsuit against MoneyLion, alleging that the fintech company runs a modern-day payday lending scheme that manipulates residents into taking out high-cost, frequent, ...
Payday loans in our community are like seawater to the thirsty — they may seem like relief at first, but ultimately cause more harm than help. Recently, an op-ed was published (“Dunleavy was right to ...
Albany, N.Y. — Private equity company Yellowstone Capital will pay $1 billion to settle predatory lending charges, the state attorney general’s office said Wednesday. The Houston-based private equity ...