Podcasts about payday lending

On Tuesday's show: Houston ISD, like many school districts across Texas, has been addressing teacher shortages in recent years by hiring uncertified teachers. A bill in the Texas House would end the practice. We learn what the bill says and what it would mean for schools here in Houston and across the state.Also this hour: More than half of all payday lending fees issued in the country are paid by Texans, according to the nonprofit advocacy group the Center for Responsible Lending, We find out why that happens and what Texans can do to escape the cycle of debt.Then, Todd Waite, longtime resident actor at The Alley Theatre, joins us. He's in his final role with the theater after 25 years, performing in Ken Ludwig's Baskerville: A Sherlock Holmes Mystery, a wacky twist on the classic tale.And we discuss the challenges of meeting new people in a large, busy metro area like ours.

Advocating for low- and moderate-income Rhode Islanders can be an uphill battle during the best of times. Now, with the Trump administration cutting various federal programs, the challenge is steeper. When it comes to promoting economic fairness, progressives have argued for years that the richest Rhode Islanders should pay a little more in taxes. They say their latest proposal would deliver much-needed revenue as Rhode Island once again confronts annual budget deficits far into the future. Executive director of the Economic Progress Institute Weayonnoh Nelson-Davies is among those supporting this approach. But the state budget has grown dramatically over the last 10 years, so should the focus be on finding savings and efficiency before considering new taxes? How will Rhode Island respond if Trump administration policies pose a wallop for low- and moderate-income people? And with legislative leaders unwilling to consider new taxes on the rich, what would it take to convince them to support a change? This week on Political Roundtable, I'm going in-depth with head of the Economic Progress Institute Weayonnoh Nelson-Davies.

In this special crossover episode of The Consumer Finance Podcast and the Payments Pros Podcast, Chris Willis and Josh McBeain are joined by colleagues Mark Furletti and Jason Cover to delve into the CFPB's Payday Loan Rule, which is set to become effective again following a Supreme Court decision. The discussion unpacks the broad scope of the rule, extending beyond traditional payday loans to include various financial products. The episode highlights the complexities of compliance, the nuances of the rule's definitions, and the critical steps lenders must take before the March 30, 2025, compliance deadline. Don't miss this insightful conversation on navigating the revived regulatory landscape.

April 18, 2024 ~ Senate Bill 632 will cap interest rates on payday lending loans in Michigan at 36%, and arguments will be heard in the House Insurance and Financial Services Standing Committee today over the future of the legislation. State Senator Sarah Anthony (D-Lansing) talks with Guy, Lloyd, and Jamie about how the bill would help protect working families.

Time for a Friday Flight- our little sampling of the week's financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: personalized retirement plans on the rise, armchair stock picking, Disney/Hulu/ESPN+ password sharing crackdown, “I'm great but everything is terrible”, are you rich?, money stress, payday lending on steroids, unethical Costco customers, you're going to want uninsured motorist coverage, and reward redemption restraints.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear' is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It's fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you're not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.

How can payday loans destroy you financially? In today's episode you will learn how payday lenders can charge over 600% APR for your payday loans and what you can do to avoid the trap that is payday lending!  In the story today, Jay shares how his bowling coach had to teach him how to relax - something he really had to do differently. How does this relate to finances? The budget tip of the day is to have a sinking fund for your taxes and not withold too much from your paycheck. This gives the government a loan from you with no interest! The listener question asks what to do when you are maxing out your retirement. Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new full episode every Tuesday!  Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own.  Our Website: HopeFilledFinancial.com  Music: "Take Me Higher" by Jahzzar Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/b... or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

Today, Liz and Andrew take a deep dive into Consumer Financial Protection Bureau v. Community Financial Services Association of America, a case that the Supreme Court just granted certiorari to review. Is the conservative Roberts court going to gut Liz Warren's signature accomplishment, the CFPB? Listen and find out! (Yes, Andrew screwed up the numbering so you got episode #700 before #699... now everything should be good!) Notes CFPB v. CFSAA cert petition and 5th Circuit opinion https://www.supremecourt.gov/DocketPDF/22/22-448/246429/20221114155607407_No.%20CFPB%20et%20al.%20v.%20CFSA%20et%20al.pdf Responsible lending https://www.responsiblelending.org/research-publication/fact-v-fiction-truth-about-payday-lending-industry-claims The Victims of Payday Lending https://www.responsiblelending.org/issues/victims-payday OA 126 https://openargs.com/oa126-mick-mulvaney-consumer-financial-protection-bureau/ 12 C.F.R. § 1041.8 https://www.consumerfinance.gov/rules-policy/regulations/1041/8/ 12 U.S.C. § 5511 https://www.law.cornell.edu/uscode/text/12/5511 Seila Law, LLC v. Consumer Financial Protection Bureau, 591 U.S. 207 (2020) https://scholar.google.com/scholar_case?case=14557349188638541514 12 U.S.C. 5497 https://www.law.cornell.edu/uscode/text/12/5497 OPM v. Richmond, 496 U.S. 414 (1990) https://scholar.google.com/scholar_case?case=1013607894853666546 Kate Stith, Congress's Power of the Purse, 97 Yale L.J. 1343 (1988) https://openyls.law.yale.edu/bitstream/handle/20.500.13051/16554/62_97YaleLJ1343_June1988_.pdf?sequence=2 -Support us on Patreon at: patreon.com/law -Subscribe to the YouTube Channel and share our videos! -Follow us on Twitter:  @Openargs -Facebook:  https://www.facebook.com/openargs/ -For show-related questions, check out the Opening Arguments Wiki, which now has its own Twitter feed!  @oawiki -And finally, remember that you can email us at openarguments@gmail.com!

IN THE NEWS:Return of the Payday Lenders: A new app allows users to get quick cash based on hours they've already worked, and the emergence of this new financial technology is leading lawmakers in Richmond to start thinking about state regulations for this growing market. But some worry that earned wage access looks a lot like a loan, and may get consumers caught in a debt trap.Ending Solitary Confinement: Republican Delegate Glenn Davis and Democratic House Leader Don Scott are working together to ban solitary confinement at state prisons. They say it'll improve the lives and mental health of people who are incarcerated--though it may face difficulties as it moves forward through the House Appropriations Committee.Thermostatic Politics: People who have smart thermostats in Virginia can sign up for a rebate program that allows them to save money if they allow utility companies to reduce the drain on the power grid during the hottest part of the summer. Some lawmakers are looking to prohibit utilities from making any adjustments. At the Watercooler:Not an anomaly: 2020's red states have higher murder rates (axios.com)The latest on the effort to build another casino somewhere in Virginia--and what casinos mean for the local area.Trivia: What is the origin of Virginia's lynch law?Learn more at http://linktr.ee/JacklegMediaSponsored by the Substance Abuse and Addiction Recovery Alliance of Virginia

Opponents of payday lending are worried about a bill making its way through the House of Delegates. Michael Pope explains why.

Register to join Chelsea's free workshop HOW TO BUDGET AN UNPREDICTABLE INCOME here, and receive a free 25-page budget workbook just for signing up: https://bit.ly/3F8mvy3   In this week's episode of Too Good To Be True, Ryan and Julia dive into the shady world of companies that prey on the poor -- often by charging them just to access their own money.   Join our membership program, The Society at TFD, to get access to perks, including exclusive bonus content: https://www.youtube.com/channel/UCSPY...   Follow Ryan on Twitter! https://twitter.com/ryanhoulihan   Follow Julia on Two Cents! https://www.youtube.com/c/TwoCentsPBS   The Financial Diet site: http://www.thefinancialdiet.com   Facebook: https://www.facebook.com/thefinancialdiet Twitter: https://twitter.com/TFDiet Instagram: https://www.instagram.com/thefinancialdiet/?hl=en

South Africa has an awkward history with payday lending and payday adjacent lending, so I was a touch concerned when I first heard that a fresh pair of South African entrepreneurs were looking to shake up the industry. Luckily, all my concerns were misplaced, because SmartWage is not looking to rethink payday lending, they're looking to make it redundant.You can read more about SmartWage at https://www.smartwage.co.za/ In today's episode, we talk about digitising communication between employers and employees, removing trucks' worth of paperwork, and proving earned wage access.Follow Carolyn van der Merwe on LinkedIn for news on SmartWage but also updates from the Yale Africa Startup Review (or just head there directly at https://www.yasr.org/)Follow Simon Ellis on LinkedIn for news on SmartWage but also his thoughts on leadership and his podcast hot tips - including The Knowledge Project and The Tim Ferris Show which were mentioned.You can learn more about myself, Brendan le Grange, on my LinkedIn page (feel free to connect), my action-adventure novels are on Amazon, some versions even for free, and my work with ConfirmU and our gamified psychometric scores is at https://confirmu.com/ and on episode 24 of this very show https://www.howtolendmoneytostrangers.show/episodes/episode-24If you have any feedback or questions, if you would like to participate in the show, or if you'd like to find full written transcripts with timestamps head on over to HowtoLendMoneytoStrangers.ShowRegards,Brendan See acast.com/privacy for privacy and opt-out information.

In this conversation, we chat with Kurtis Lin, the co-founder & CEO of Pinwheel, a leading payroll connectivity API. The son of two immigrant parents, Kurt saw how the lack of credit history created a greater struggle for them to access and secure financial products. This experience became a driving force for him and his co-founders to create Pinwheel. Kurt has been involved in multiple startup acquisitions, first Idean and later with Luxe. Following Luxe's acquisition by Volvo, he received an HSA and experienced similar challenges to those of his parents. He realized if you didn't have money to pre-fund an account - which most Americans don't - opening an HSA was basically impossible. Kurt and his co-founders set out to create a more automated HSA process and soon realized the key problem was actually inaccessibility to the data and controls in payroll systems. Thus Pinwheel was born with the mission to build a fairer financial system. More specifically, we touch on the journey to building a fintech API infrastructure play, integrating inset payroll systems via APIs, the demise of payday lenders, and so so much more!

Profs. Zywicki and Miller have co-authored a soon-to-be published study, “The Effects on Consumers from Two State-Level Regulations of the Payday Loan Market,” in which they analyzed 15.6 million storefront payday loans made to 1.8 million unique borrowers in 2013 to determine whether the number of loans a consumer takes in a year is a meaningful assessment of consumer welfare. They explain how the results of their analysis demonstrates that the CFPB's prohibition on more than six loans a year in its payday loan rule was arbitrary and did not represent a reasonable consumer protection policy. They also discuss their expectations for how the CFPB under Director Chopra is likely to approach payday and other small dollar loans and respond to criticism of their study by consumer advocates. Alan Kaplinsky, Ballard Spahr Senior Counsel, hosts the conversation.

This is the 10th installment in our coverage of Regeneration: Ending The Climate Crisis In One Generation by Paul Hawken – and today we discuss the topic of Industry. From Big Food to Healthcare, Banking to Poverty, Plastics to Fashion – solutions are ready and ripe for implementation and it will take all of us pushing in concert to spirit forward significant change quickly. This episode will get you thinking about how you can be part of that positive movement for regenerative industries around the globe.  If you are new to the series, consider starting at the beginning with my pre-interview introduction to Paul Hawken. To make your discovery process easy, links to each Regeneration episode are included in chronological order below time stamps. NOTE: You can also visit www.CareMoreBeBetter.com for access to the complete series simply by clicking on the Regeneration Category of podcasts. 00:00 Intro 01:00 Summary of Our Regeneration Journey So far 02:45 Industry = Degenerative and Extractive (but it doesn't have to be) 04:50 Big Food – Edible Products or “Foodlike Substances” (Michael Pollan's preferred term) 07:20 Healthcare Industry and The Big Pharma / Big Food / Obesity Connection 11:05 Banking Industry 13:40 Payday Lending vs. Floats - https://www.caremorebebetter.com/from-shady-payday-loans-to-floats/ 14:44 War Industry – And The Big Question Who Benefits? And Can These Resources Be Re-Allocated Towards Regeneration 17:20 Politics Industry 20:27 Clothing Industry – Ending Fast Fashion and Our Reliance On Petroleum Based Clothing plus notes on Caroline Priebe's work at the Center for the Advancement of Garment Making: https://www.caremorebebetter.com/fast-fashion-and-how-to-style-sustainably/   23:26 Plastics Industry and the LAUGHABLE Facts Around Our Overconsumption Practices 26:04 On Plastics: Upcycling Plastic – From Research To Industry 26:36 On Plastics: Promising Progress From Paris, France, Germany & Norway 27:54 Poverty Industry, Extreme Poverty + The Private Prison Problem 31:08 From Carbon Offsets To Carbon Onsets   References:  Introduction to Regeneration: One Billion Climate Activists Strong: https://www.caremorebebetter.com/one-billion-climate-activists-strong/ Regeneration Interview with Paul Hawken: https://www.caremorebebetter.com/regeneration-ending-the-climate-crisis-in-one-generation/  Regeneration Part 1 Oceans: https://www.caremorebebetter.com/regeneration-part-1-oceans/  Regeneration Part 2 Forests: https://www.caremorebebetter.com/regeneration-part-2-forests/  Regeneration Part 3 Wilding: https://www.caremorebebetter.com/regeneration-part-3-wilding/  Regeneration Part 4 Nexus: https://www.caremorebebetter.com/regeneration-part-4-nexus-climate-activism-tool/  Regeneration Part 5 Regenerative Agriculture: https://www.caremorebebetter.com/regeneration-part-5-land-regenerative-agriculture-and-soil-restoration-to-reverse-global-warming/  Regeneration Part 6 People: https://www.caremorebebetter.com/regeneration-part-6-people-indigeneity-and-our-role-in-reversing-global-warming/  Regeneration Part 7 Cities: https://www.caremorebebetter.com/regeneration-part7-cities-green-architecture-living-building-challenge/  Regeneration Part 8 Food: https://www.caremorebebetter.com/regeneration-part8-food-localization-and-decommodification-to-end-the-climate-crisis/  Regeneration Part 9 Energy: https://www.caremorebebetter.com/regeneration-part9-food-energy-renewal-use-and-storage-as-we-say-goodbye-to-fossil-fuels/  Climate Activism By Design with David Johnson: https://www.caremorebebetter.com/climate-activism-by-design/  Be A Green Change Leader with Anca Novacovici: https://www.caremorebebetter.com/be-a-green-change-leader/  Regenerative Agriculture with Tom Newmark: https://www.caremorebebetter.com/regenerative-agriculture-the-answer-to-the-climate-crisis/  Regeneration: Ending The Climate Crisis In One Generation was published on September 21, 2021 and is available at all your favorite booksellers. Visit the Regeneration website for details, resources, and valuable tools for anyone interested in becoming a climate activist.  Regeneration + Nexus: https://www.regeneration.org  Instagram: https://www.instagram.com/regenerationorg   Join the Care More. Be Better. Community! (Social Links Below) YouTube: https://www.youtube.com/channel/UCveJg5mSfeTf0l4otrxgUfg Instagram:  https://www.instagram.com/CareMore.BeBetter/   Facebook:  https://www.facebook.com/CareMoreBeBetter  LinkedIn:  https://www.linkedin.com/company/care-more-be-better   Twitter: https://twitter.com/caremorebebettr   Pinterest: https://www.pinterest.com/CareMoreBeBetter  Clubhouse: https://www.clubhouse.com/club/care-more-be-better   Support Care More. Be Better: A Social Impact + Sustainability Podcast Care More. Be Better. is not backed by any company. We answer only to our collective conscience. As a listener, reader, and subscriber you are part of this pod and this community and we are honored to have your support. If you can, please help finance the show (https://www.caremorebebetter.com/donate). Thank you, now and always, for your support as we get this thing started

This is the 10th installment in our coverage of Regeneration: Ending The Climate Crisis In One Generation by Paul Hawken – and today we discuss the topic of Industry. From Big Food to Healthcare, Banking to Poverty, Plastics to Fashion – solutions are ready and ripe for implementation and it will take all of us pushing in concert to spirit forward significant change quickly. This episode will get you thinking about how you can be part of that positive movement for regenerative industries around the globe.  If you are new to the series, consider starting at the beginning with my pre-interview introduction to Paul Hawken. To make your discovery process easy, links to each Regeneration episode are included in chronological order below time stamps. NOTE: You can also visit www.CareMoreBeBetter.com for access to the complete series simply by clicking on the Regeneration Category of podcasts. 00:00 Intro 01:00 Summary of Our Regeneration Journey So far 02:45 Industry = Degenerative and Extractive (but it doesn't have to be) 04:50 Big Food – Edible Products or “Foodlike Substances” (Michael Pollan's preferred term) 07:20 Healthcare Industry and The Big Pharma / Big Food / Obesity Connection 11:05 Banking Industry 13:40 Payday Lending vs. Floats - https://www.caremorebebetter.com/from-shady-payday-loans-to-floats/ 14:44 War Industry – And The Big Question Who Benefits? And Can These Resources Be Re-Allocated Towards Regeneration 17:20 Politics Industry 20:27 Clothing Industry – Ending Fast Fashion and Our Reliance On Petroleum Based Clothing plus notes on Caroline Priebe's work at the Center for the Advancement of Garment Making: https://www.caremorebebetter.com/fast-fashion-and-how-to-style-sustainably/   23:26 Plastics Industry and the LAUGHABLE Facts Around Our Overconsumption Practices 26:04 On Plastics: Upcycling Plastic – From Research To Industry 26:36 On Plastics: Promising Progress From Paris, France, Germany & Norway 27:54 Poverty Industry, Extreme Poverty + The Private Prison Problem 31:08 From Carbon Offsets To Carbon Onsets   References:  Introduction to Regeneration: One Billion Climate Activists Strong: https://www.caremorebebetter.com/one-billion-climate-activists-strong/ Regeneration Interview with Paul Hawken: https://www.caremorebebetter.com/regeneration-ending-the-climate-crisis-in-one-generation/  Regeneration Part 1 Oceans: https://www.caremorebebetter.com/regeneration-part-1-oceans/  Regeneration Part 2 Forests: https://www.caremorebebetter.com/regeneration-part-2-forests/  Regeneration Part 3 Wilding: https://www.caremorebebetter.com/regeneration-part-3-wilding/  Regeneration Part 4 Nexus: https://www.caremorebebetter.com/regeneration-part-4-nexus-climate-activism-tool/  Regeneration Part 5 Regenerative Agriculture: https://www.caremorebebetter.com/regeneration-part-5-land-regenerative-agriculture-and-soil-restoration-to-reverse-global-warming/  Regeneration Part 6 People: https://www.caremorebebetter.com/regeneration-part-6-people-indigeneity-and-our-role-in-reversing-global-warming/  Regeneration Part 7 Cities: https://www.caremorebebetter.com/regeneration-part7-cities-green-architecture-living-building-challenge/  Regeneration Part 8 Food: https://www.caremorebebetter.com/regeneration-part8-food-localization-and-decommodification-to-end-the-climate-crisis/  Regeneration Part 9 Energy: https://www.caremorebebetter.com/regeneration-part9-food-energy-renewal-use-and-storage-as-we-say-goodbye-to-fossil-fuels/  Climate Activism By Design with David Johnson: https://www.caremorebebetter.com/climate-activism-by-design/  Be A Green Change Leader with Anca Novacovici: https://www.caremorebebetter.com/be-a-green-change-leader/  Regenerative Agriculture with Tom Newmark: https://www.caremorebebetter.com/regenerative-agriculture-the-answer-to-the-climate-crisis/  Regeneration: Ending The Climate Crisis In One Generation was published on September 21, 2021 and is available at all your favorite booksellers. Visit the Regeneration website for details, resources, and valuable tools for anyone interested in becoming a climate activist.  Regeneration + Nexus: https://www.regeneration.org  Instagram: https://www.instagram.com/regenerationorg   Join the Care More. Be Better. Community! (Social Links Below) YouTube: https://www.youtube.com/channel/UCveJg5mSfeTf0l4otrxgUfg Instagram:  https://www.instagram.com/CareMore.BeBetter/   Facebook:  https://www.facebook.com/CareMoreBeBetter  LinkedIn:  https://www.linkedin.com/company/care-more-be-better   Twitter: https://twitter.com/caremorebebettr   Pinterest: https://www.pinterest.com/CareMoreBeBetter  Clubhouse: https://www.clubhouse.com/club/care-more-be-better   Support Care More. Be Better: A Social Impact + Sustainability Podcast Care More. Be Better. is not backed by any company. We answer only to our collective conscience. As a listener, reader, and subscriber you are part of this pod and this community and we are honored to have your support. If you can, please help finance the show (https://www.caremorebebetter.com/donate). Thank you, now and always, for your support as we get this thing started

We discuss the practices found to be unlawful by CFPB examiners in the areas of deposits, auto servicing and payday lending, identify practical takeaways for avoiding criticism by the “new CFPB,” and share our thoughts on what the findings signal for future scrutiny in these areas by the “new CFPB.” Ballard Spahr Senior Counsel Alan Kaplinsky hosts the conversation, joined by Chris Willis, Co-Chair of the firm's Consumer Financial Services Group, and Jason Cover, a partner in the Group.

Jeff Pickering and Brooke Kramer are joined by the Rev. Dr. Gabriel Salguero to discuss why Christians should care about ending the payday debt trap and how the Faith for Just Lending (FJL) coalition is advocating against payday lending. Salguero is the pastor at The Gathering Place, a Latino-led multi-ethnic Assemblies of God congregation in Orlando and also the president and founder of the National Latino Evangelical Coalition (NALEC).“Payday lending is a form of economic predation and grinds the faces of the poor into the ground. As Christians, we are called by Jesus, by the prophets and by the apostles to care for the poor, individually, and also about the way social and political and corporate structures contribute to the misery of the impoverished. Groups across this diverse coalition don't agree on every issue in the public square, but I am happy to work together on this issue to stand against unchecked usury and work for economic justice, human dignity and family stability.” — Russell MooreGuest BiographyThe Rev. Dr. Gabriel Salguero is pastor at The Gathering Place, a Latino-led multi-ethnic Assemblies of God congregation in Orlando, Florida. Salguero is also the president and founder of the National Latino Evangelical Coalition (NALEC), a coalition of several thousand evangelical congregations in the United States. He was the former Director of the Hispanic Leadership Program (HLP), and the Institute for Faith and Public Life at Princeton Theological Seminary. Salguero has been named as one of the nation's most prominent Latino evangelical leaders by the New York Times, NBC Universal, Univisión, and many other outlets. In addition, his leadership on issues of young male education and criminal justice reform has been featured by the Discovery Channel and the Oprah Winfrey Network. Rev. Salguero has served on the White House Faith-Based Advisory Council, the National Association of Evangelicals (NAE), and the National Advisory Council of the My Brother's Keeper Alliance. Salguero holds a BA in Spanish and History from Rutgers University, and M.Div (magna cum laude) from New Brunswick Theological Seminary, he pursued a Ph.D in Christian Social Ethics at Union Theological Seminary, and holds a Doctorate in Divinity from Eastern Nazarene College. Rev. Salguero lives together with his wife, the Rev. Jeanette Salguero and their two sons in Orlando, Florida.Resources from the ConversationLearn more about the Faith for Just Lending CoalitionLearn more about the National Latino Evangelical CoalitionERLC supports the Veterans and Consumers Fair Credit ActERLC opposes the OCC's “True Lender” ruleFaith Leaders Applaud Congress' Decision to Challenge OCC's ‘True Lender' RuleSBC Payday Lending Resolution5 facts about Payday LendingSubscribe to ERLC's Policy Newsletter

Payday loans are criticized for worsening poverty and financial inequity, especially in Black and brown communities. Reset hears about an Illinois legislative bill that would cap payday loan interest rates at 36 percent.

This week, Robert Broeksmit, the president and CEO of the Mortgage Bankers Association, joins the Housing News Podcast to discuss the association's regulatory priorities for 2021 and what goals it hopes to achieve under a Biden administration.During the interview, Broeksmit also discusses what could happen if the Biden administration replaces Kathy Kraninger, the director of the Consumer Financial Protection Bureau.According to Broeksmit, if a new director is appointed, outside of mortgage regulation, they're likely to focus on policies related to fair lending and affordable housing.“I'd first like to say the MBA is very grateful for the tenure of Director Kraninger,” Broeksmit said. “We've worked very closely with her and think she's done a really good job at the bureau.”“If she is replaced, we think there are a lot of areas outside of mortgage lending that the CFPB will focus on because it has a very wide scope, it's not just mortgages,” Broeksmit said. “There were things the current administration decided not to focus on that I think a Biden appointee would have more interest in pursuing like student loan servicing, regulating debt collectors and payday lending regulations.”Broeksmit also addresses the Biden administration's housing agenda and what it means for affordable housing.“President Biden wants to introduce a $15,000 first-time homebuyer tax credit, but unless lightning strikes twice in Georgia and Republicans lose both runoffs, I think we'll have a divided government where a proposal like that won't get much traction,” Broeksmit said. “While the MBA is generally supportive of something like that, we don't think the chances are very high.”The Housing News Podcast is a weekly wrap of the top news stories by HousingWire Editor in Chief Sarah Wheeler. Each week, HousingWire interviews financial services experts who can help make sense of the latest headlines, sponsored by our partners at Freddie Mac.

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We talk to Dave Ress from the Daily Press about efforts to change minimum wage laws. Then, do we need tougher regulations for payday lenders? We discuss the issue with people involved in the controversy, including Virginia's attorney general. Finally, we hear about St. Irene's, a new play at Zeiders American Dream Theater.

Blake and David dig into the news over Thanksgiving weekend, including how Gusto and Zenefits have abruptly ended key integrations, what accounting firms can learn from Amazon's strategy, and how to know when fixed fee pricing isn't working. We've also learned the hottest side hustle (spoiler: it's bookkeeping!), and talk about what happens when the SaaS competitive landscape becomes cloud vs. cloud, and much more.

Helping Europe's Underbanked: The Rise of Payday Lending Alternatives Peter Briffett, Wagestream Mark Allcock, Neyber Neil Kadagathur, Creditspring Freddy Kelly, Credit Kudos Moderator: Yusuf Ozdalga, QED Investors

Today we are discussing anti-poverty initiatives and ways that advocates are working on to make a difference for the poor including legislation regarding payday lending. Pat Kaiser, of the St. Vincent de Paul Society in the Twin Cities lends us his insights and expertise on the great work being done by this Catholic group right here in Minnesota. In our mailbag segment, we discuss the role of the state versus the Church or other private charitable organizations. In our bricklayer segment, we discuss the importance of preparing for the election and how to find out more details about what is on your ballot.

One of the final acts of former Bureau of Consumer Financial Protection (CFPB) Director Richard Cordray before he left to run for Governor of Ohio in 2017 was the issuance of a comprehensive rule governing payday loans, auto title loans, and other small dollar loans. The centerpiece of the rule would have imposed a new "Ability to Repay" (ATR) underwriting standard on providers of these small dollar products for extensions of credit to repeat borrowers. The Rule was scheduled to go into effect in August 2019. In January of this year, however, new CFPB Director Kathy Kraninger announced a Notice of Proposed Rulemaking that would rescind the ATR requirement. This live podcast discusses the logic of the 2017 Rule and the reasons for the CFPB's reconsideration this year.Featuring:- Prof. Todd Zywicki, George Mason University Foundation Professor of Law, Antonin Scalia Law School at George Mason UniversityVisit our website – RegProject.org – to learn more, view all of our content, and connect with us on social media.

One of the final acts of former Bureau of Consumer Financial Protection (CFPB) Director Richard Cordray before he left to run for Governor of Ohio in 2017 was the issuance of a comprehensive rule governing payday loans, auto title loans, and other small dollar loans. The centerpiece of the rule would have imposed a new "Ability to Repay" (ATR) underwriting standard on providers of these small dollar products for extensions of credit to repeat borrowers. The Rule was scheduled to go into effect in August 2019. In January of this year, however, new CFPB Director Kathy Kraninger announced a Notice of Proposed Rulemaking that would rescind the ATR requirement. This live podcast discusses the logic of the 2017 Rule and the reasons for the CFPB's reconsideration this year.Featuring:- Prof. Todd Zywicki, George Mason University Foundation Professor of Law, Antonin Scalia Law School at George Mason UniversityVisit our website – RegProject.org – to learn more, view all of our content, and connect with us on social media.

One of the final acts of former Bureau of Consumer Financial Protection (CFPB) Director Richard Cordray before he left to run for Governor of Ohio in 2017 was the issuance of a comprehensive rule governing payday loans, auto title loans, and other small dollar loans. The centerpiece of the rule would have imposed a new "Ability to Repay" (ATR) underwriting standard on providers of these small dollar products for extensions of credit to repeat borrowers. The Rule was scheduled to go into effect in August 2019. In January of this year, however, new CFPB Director Kathy Kraninger announced a Notice of Proposed Rulemaking that would rescind the ATR requirement. This teleforum discusses the logic of the 2017 Rule and the reasons for the CFPB's reconsideration this year.Featuring: Prof. Todd Zywicki, George Mason University Foundation Professor of Law, Antonin Scalia Law School at George Mason UniversityTeleforum calls are open to all dues paying members of the Federalist Society. To become a member, sign up on our website. As a member, you should receive email announcements of upcoming Teleforum calls which contain the conference call phone number. If you are not receiving those email announcements, please contact us at 202-822-8138.

One of the final acts of former Bureau of Consumer Financial Protection (CFPB) Director Richard Cordray before he left to run for Governor of Ohio in 2017 was the issuance of a comprehensive rule governing payday loans, auto title loans, and other small dollar loans. The centerpiece of the rule would have imposed a new "Ability to Repay" (ATR) underwriting standard on providers of these small dollar products for extensions of credit to repeat borrowers. The Rule was scheduled to go into effect in August 2019. In January of this year, however, new CFPB Director Kathy Kraninger announced a Notice of Proposed Rulemaking that would rescind the ATR requirement. This teleforum discusses the logic of the 2017 Rule and the reasons for the CFPB's reconsideration this year.Featuring: Prof. Todd Zywicki, George Mason University Foundation Professor of Law, Antonin Scalia Law School at George Mason UniversityTeleforum calls are open to all dues paying members of the Federalist Society. To become a member, sign up on our website. As a member, you should receive email announcements of upcoming Teleforum calls which contain the conference call phone number. If you are not receiving those email announcements, please contact us at 202-822-8138.

The New Payday Lending Alternative: Employer Based Lending Benny Yiu, HoneyBee Safwan Shah, PayActiv Jon Schlossberg, Even Doug Farry, Employee Loan Solutions, LLC Moderator: Leslie Parrish, Aite Group

The payday lending bill dies. Pete Buttigieg makes things official. That plus the Mueller report released and more on Indiana Week in Review for the week ending April 19th, 2019.

The payday lending bill dies. Pete Buttigieg makes things official. That plus the Mueller report released and more on Indiana Week in Review for the week ending April 19th, 2019.

Rhythm & News interview with Charlene Crowell with the Center for Responsible Lending about the rollback of regulations to the payday lending industry by the Trump Administration. Interview by Chris B. Bennett.

Join co-hosts Nathalie Grogan, Gabe Moss, and special guest Robert O’Shaughnessy of WRGW News for a lively discussion of important developments unfolding in public policy. Thanks to Robert for joining us! Subscribe in iTunes, Stitcher, or Google Play to #staywonky. The views expressed herein are those of the co-hosts and do not necessarily reflect the views of Policy Perspectives […]

Clark gives you practical info for how to safeguard your electronic devices while traveling; The CFPB is back tracking on rules for payday lending standards; Paid leave is a hotly debated topic in this country. Clark talks about a few employers doing things differently and weighs in on how he thinks we should change pay leave policy in America. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Consumer Financial Protection Bureau dropped a provision that would have required payday lenders to assess potential borrowers’ ability to repay. American Banker reporter Kate Berry explains why.

Youngme, Felix, and Mihir discuss Apple's position in the Chinese market; debate whether payday lending is good or bad for workers; and ask whether companies should be doing more to help employees manage cash shortfalls. They also offer their After Hours picks for the week.

Join us on Women Lead Radio as Quyen Tu, your host of Doing Good is Good for Business, has a conversation with Ennie Lim, President of HoneyBee, on how to be a shining example in the payday lending industry.   Interested in Learning More About Connected Women of Influence? Click Here to Be Invited as Our Special VIP & Guest to a Future Event! Interested in Becoming a Member of Our Professional Community!? Click Here to Apply for Membership!

Never miss another interview! Join Devin here: http://bit.ly/joindevin. Many people living paycheck to paycheck fall into a financial tailspin for lack of $500 or $1,000. A desperately needed but unanticipated car repair is enough to start a family on a collision course with financial ruin. PayDay loans are so expensive that customers often end up simply revolving the balance for months, paying weekly or bi-weekly fees to renew the loan and over the course of a year end up paying multiples of the original loan principal--sometimes without ever paying off the loan. Ennie Lim at HoneyBee developed an alternative. Let people borrow against their accrued paid time off--PTO. This virtually eliminates the risk for the lender and allows the loan to be made for a single 5 percent origination fee. Check out my free webinar where I share the secrets of successful nonprofit crowdfunding at http://crowdfundingforsocialgood.org.

Missouri Business Alert’s Speaking Startup podcast explores news and issues important to the state’s entrepreneurs. In this week’s episode: • 1:11 - Kansas City has a notorious payday lending culture. One Techstars startup is hoping to offer an alternative. • 3:20 - Gov. Mike Parson vetoed a bill this month that had support from Missouri tech companies. • 5:15 - Rightfully Sewn, a Kansas City startup that provides training and job placement for at-risk individuals, is expanding. • 6:55 - Q&A with Carolyn Chrisman, executive director of the Missouri Rural Enterprise and Innovation Center in Kirksville. Chrisman talks about budget cuts and supporting entrepreneurs in a rural area. • 12:45 - A look at important numbers from the week in entrepreneurship news Check out our website for more: www.missouribusinessalert.com/sections/m…/podcasts/ Credit to Podington Bear (soundofpicture.com) for this episode's music.

Never miss another interview! Join Devin here: http://bit.ly/joindevin. Travis Holoway and Rodney Williams hit upon a brilliant strategy to disrupt the payday lending business with a tool that would be much more borrower-friendly. That tool is the SoLo Funds app, available from both the App Store and Google Play. The app lets borrowers set the terms. Remarkably, lenders are generous. That may have something to do with the fact that in the company’s short operating history they’ve seen the same people become both borrowers and lenders. The community they are building can completely change the short-term lending business. One key to their success is a new credit scoring model the company developed to measure a borrower’s ability to repay a short-term loan according to the terms they propose. Check out my free webinar where I share the secrets of successful nonprofit crowdfunding at http://crowdfundingforsocialgood.org.

Ep 88: The "Payday Lending" Edition – 06.19.18 This week the crew talks money with Katie Thompson of Shared Justice, specifically Payday Lending. Ashley, Elijah, and Ryan talk with Katie about what payday lending is, how it functions, the cycle it creates, and the ways politics and race intersect this topic. Grab your favorite earbuds and let's dive in! ——————————— Show Notes: Shared Justice: http://www.sharedjustice.org Payday Lending Report: https://static1.squarespace.com/static/5669c7222399a395a9879dd1/t/59690f2f1b631b44d7536d39/1500057422518/Protecting+Families+from+Payday+Lending+%281%29.pdf Predatory Lending: http://www.sharedjustice.org/domestic-justice/2016/6/15/predatory-lending-and-fixing-the-small-loan-market?rq=rachel%20anderson Payday Lending and Religious Leaders: https://www.npr.org/2018/04/18/603637901/payday-lenders-convening-at-a-trump-resort-are-met-by-protesters Lend Justly: http://lendjustly.com ——————————— If you wanna get at us (and we know you do) you got options: Support us on Patreon: http://patreon.com/wetalkdifferent Email: wetalkdifferentteam@gmail.com Facebook: facebook.com/wetalkdifferent Twitter: twitter.com/wetalkdifferent Instagram: instagram.com/wetalkdifferent/ Website: wetalkdifferent.com You can subscribe to the podcast in iTunes, Google Play, SoundCloud, or Stitcher so you'll never miss an episode! Please leave a review on iTunes as it helps other people find our podcast. iTunes: https://itunes.apple.com/us/podcast/wetalkdifferent/id1161601126 SoundCloud: https://soundcloud.com/wetalkdifferent Stitcher: http://www.stitcher.com/podcast/wetalkdifferent Also please join our Facebook group to discuss the episodes with the WTD team and other WTDers —  https://www.facebook.com/groups/wetalkdifferent/

Assemblywoman Heidi Swank breaks some news and provides some context on the state's efforts to regulate payday lenders. She tells us about how it failed in 2017 and what she's doing to prepare for 2019. Reporter Riley Snyder and Editor Jon Ralston chat with her. Then, Jon and Managing Editor Elizabeth Thompson talk about the … Continue reading "IndyMatters Episode 56: A Swanky look at payday lending" The post IndyMatters Episode 56: A Swanky look at payday lending appeared first on The Nevada Independent.

Assemblywoman Heidi Swank breaks some news and provides some context on the state’s efforts to regulate payday lenders. She tells us about how it failed in 2017 and what she’s doing to prepare for 2019. Reporter Riley Snyder and Editor Jon Ralston chat with her. Then, Jon and Managing Editor Elizabeth Thompson talk about the … Continue reading "IndyMatters Episode 56: A Swanky look at payday lending"

Financial stress costs employers $300 billion in lost employee productivity. And in the case of one desperate employee, her job when not having the money to buy her daughters medicine drove her to steal money from the company. That story built a company, FinFit, and President David Kilby and Karen Webster use three other data points to explain how 100,000 employers are using financial wellness platforms - including short term loans - to help employees get financially fit.

Financial stress costs employers $300 billion in lost employee productivity. And in the case of one desperate employee, her job when not having the money to buy her daughters medicine drove her to steal money from the company. That story built a company, FinFit, and President David Kilby and Karen Webster use three other data points to explain how 100,000 employers are using financial wellness platforms - including short term loans - to help employees get financially fit.

Ken Rees, the CEO of fintech online lender Elevate Credit, explains why payday lending is the roach motel of financial products -- "you check in and it's very difficult to check back out" -- and how his company helps subprime consumers become creditworthy. Also, he shares why his company gives $500 to each employee to buy a bicycle.

MLex Senior Correspondent Neil Roland and Financial Regulation Correspondent Neil Haggerty discuss the recent move by the the US Senate to block a rule by the US Consumer Financial Protection Bureau that would allow consumers to sue banks and credit card companies.

Even middle-class Americans are now tapping payday lenders because they cannot make ends meet. A new book explains why. See acast.com/privacy for privacy and opt-out information.

Ben Morales, CEO of QCash, joins us to talk about what it means to offer an alternative to payday lending. On this podcast, he shares his unique perspective on why members need these sorts of loans, how a credit union can think about payday lending from a strategy, branding, and financial wellness standpoint, and why a 60-second approval process was the bar QCash had to meet to make their product effective.

In the wake of the Orlando shootings, a Colorado activist reflects on being Latino, and gay. A look at Colorado’s payday lending law as the feds consider reform. And, the Telluride Bluegrass Festival is a summer reunion for bassist Edgar Meyer and friends.

This week The Branden Johnson Show has financial experts in the kitchen to whip you up some real money solutions. We will discuss saving more, giving more, learning more, and staying out of debt. We have a bankruptcy attorney on tap to give you advice and share about PayDay Lending woes, as well as legal options to getting out of debt. We have a financial advisor on deck to give you practical saving and preparing solutions with the money you earn, no matter the amount. It is time we start building our legacy of finacial freedom from this day forward. Tune in to get a better handle on the money you have. We all could use more of it, why not listen in on how you can make your money work for you.

This week we speak with Kate Richey of OK Policy and the Oklahoma Assets Network on her research into payday lending in Oklahoma and how it can trap families in a vicious cycle of debt. On Wednesday, March 4 there will be a Town Hall Forum on predatory lending in Oklahoma. A local panel of experts will discuss how payday lenders target military families, older Oklahomans, single parent households, and other vulnerable communities and demographics. Click here for more information and to RSVP.

Could falling oil prices actually be a good thing for certain industries in Houston? If Houston is doing well why is there such a large unbanked or under banked population compared to the rest of the country? We explored both of these questions on a new monthly segment with Houston Business Journal's Legal and Money Reporter, Suzanne Edwards.   Edwards most recently comes from Shanghai, China, where she was an editor at SinoMedia and, before that, a contributor to China Economic Review. Edwards is an Austin native and interned at the Austin Business Journal, an affiliated publication. She began her journalism career as an intern at the Associate Press' Rome bureau. Edwards graduated from The University of Texas at Austin and majored in journalism, as well as Asian cultures and languages. In addition to English, she speaks Mandarin, as well as Italian and Spanish. Edwards will focus her coverage for HBJ on following Houston's thriving financial industry, including banks, credit unions, wealth management, philanthropy, venture capital, private equity and more. She also will cover the highly competitive law sector in Houston, where expansions and M&A continue at a rapid pace.   You can follow Suzanne on twitter  at @HBJSuzanne or visit her online at: http://www.bizjournals.com/houston/bio/24321/Suzanne+Edwards   We were also joined today by president of SimpleFi, Adam Potter. We discussed alternatives to payday loans such as credit blind programs that lend to indivduals without actually checking credit.   We discussed Financial Literacy in the workplace and how financial health can be related to physical health.   Adam, 35, served as a Marine Corps officer for 10 years, rehabilitating war and disaster ravaged populations in Iraq, Afghanistan, and South Asia. He also supported the Navy Marine Corps Relief Society financial wellness programs - which have successfully counseled troops into better financial behavior and away from predatory lenders. He believes the work done by the military relief societies to recover troops who were overwhelmed by their expenses and debt should be continued in the private sector. Adam is an alumnus of John Hopkins University and the Stanford Graduate School of Business.   To Find out more about Adam Potter you can visit his website at:   www.simplefi.org   You can listen live by going to www.kpft.org and clicking on the HD3 tab. You can also listen to this episode and others by podcast at: http://directory.libsyn.com/shows/view/id/moneymatters or www.moneymatterspodcast.com ‪#‎kpft‬ ‪#‎HBJSuzanne#houbizjournal #simplefinews

Global payday loans: Laurie Taylor talks to Carl Packman, a researcher and writer, who has analysed the growth of a worldwide industry. Today there are more payday lender shops in the US than McDonald's restaurants. They cater mainly to those without access to mainstream credit and with no other option. But how did they evolve and proliferate? And what is their impact on the most financially vulnerable consumers? He's joined by Johnna Montogomery, an economist from Goldsmiths, London. Also, redundancy at a Welsh aluminium plant. Tony Dobbins, Reader in Employment Studies at Bangor Business School, asks why re-training has failed to provide jobless workers with a fresh future. Producer: Jayne Egerton.

Jonathan Eley and FT colleagues discuss the expected demise of so-called payday lenders, the rise of mortgage brokers and other intermediaries, and the opening up of the Shanghai stock exchange to foreign investors See acast.com/privacy for privacy and opt-out information.

Patrick Jenkins is joined by Martin Arnold, Sam Fleming, Alistair Gray and Emma Dunkley, as well as James Daley, from the consumer rights body Fairer Finance to discuss cyber crime and the latest hit to JPMorgan in the US, the Bank of England’s new regulatory rules affecting banks, and a warning that payday lenders may be about to be extinguished from the market. See acast.com/privacy for privacy and opt-out information.

Ross, Becca, Reeve and Jay discuss a recent dust-up over payday lending, disputes about political scorecards, and discord surrounding proposed rules for federal health care navigators.