Tag Archives: payday loans

Using Criminal Background Checks in Small Businesses

FTC Cracks Down on Phantom Lender

Company accused of collecting on fake loans gets its due

The FTC requested a U.S. court to shut down a fake lender

By Sheiresa Ngo

Posted: Tags: , ,
Sad-Black-man-gallery

#WealthforLife Wednesdays: The Real Cost of Payday Loans

Repeat borrowing often results in a cycle of debt

For a fast, dangerous payday loan, borrowers usually only need a checking account and proof…

By LaToya M. Smith

Posted: Tags: ,
Robert L. Johnson And Dr. DeForest B. Soaries, Jr. Announce Alliance To End Payday Lending, Lower Minority Consumer Debt, And Promote Financial Education

Robert Johnson Announces Alliance to End Payday Lending

12 million Americans turn to payday loans annually when faced with financial challenges

Alliance looks to help minorities pay down debt, increase savings, and break the cycle of…

By C. Daniel Baker

Posted: Tags: ,

FDIC: Black Households Don’t Use Banks Regularly

Report highlights need for resources for minority families

Minorities and low-income households are less likely to have a bank account or more likely…

By Marcia Wade Talbert

Posted: Tags: , , ,