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If the Wisconsin Senate gets its wish, the state’s payday loan merchants could start adding on services. From annuities to insurance to financial advice, this… Read More »Payday Loan Merchants Selling Annuities?
New proposed rules by the Consumer Financial Protection Bureau (CFPB) would lead to substantial consolidation in the short-term payday industry of almost 70%. For the… Read More »Will New CFB Rules Kill Payday Lenders?
The federal government is starting to be more aggressive in its oversight of the payday loan industry. The Federal Consumer Protection Bureau is investigating the… Read More »The CFPB Raises the Heat on Payday Lenders
Some states and lawmakers want more stringent laws concerning payday loan companies. What they do not realize is that for the few bad seeds, there… Read More »Is Over-Regulation Real? The Payday Loan Industry May Soon Find Out
After much anticipation, the Federal Reserve has at long last released their blueprint for faster payment processing in the United States. Despite the Fed’s caution… Read More »Quick Payment Processing Plan Released By Federal Reserve
Payday loan regulation advocates will not be getting their way in the 2015 legislative year in Louisiana. For the last few years, consumer advocates have… Read More »Payday Loans Win Big in Louisiana
The CFPB, or Consumer Financial Protection Bureau, has delayed three major announcements and implementations for 2015. While some are happy that these new regulations will… Read More »CFPB Delays & What They Mean for Payday Merchants
The Consumer Financial Protection Bureau has pushed back three anticipated decisions, one of which is a proposal on payday lending. The proposal on payday lending… Read More »The Payday Loan Industry May Have Gotten Lucky
It might be odd to consider some businesses are high-risk, even if they have the perfect credit rating, in their business and in their personal… Read More »Payday Loan Merchant Account Solutions with EMB