For consumer protection advocates, the job of monitoring and going after predatory lending scams can sometimes resemble the old amusement park game of whack-a-mole. As soon as one predator is brought to justice, another one pops up. That description came to mind of late when Newsline learned about a new cellphone app that some schemers […] The post Rochelle Sparko discusses the hidden costs of earned wage advances (EWA) and cash advance apps appeared first on NC Newsline.
The Fort Belknap Indian Community’s short-term lending companies will have to cease operations in Minnesota, according to a settlement two officials of the companies’ parent company reached with the Minnesota Attorney General’s Office. A federal judge in Minnesota signed off on the agreement Tuesday, kicking off a timeline by which Island Mountain Development Group officials […] The post Fort Belknap company officials agree to cease short-term lending in Minnesota in settlement appeared first on
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