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As the loan churns

Contextualizing the finance news you need to know. Loan churning can keep consumers stuck in an endless cycle of loan refinancing and at least one government… ....

Heights Finance Holding Company , Consumer Financial Protection Bureau , Covington Credit , Southern Finance , Reaking News ,

Financial Comparison: Digihost Technology (NASDAQ:DGHI) & CURO Group (NYSE:CURO)

CURO Group (NYSE:CURO – Get Free Report) and Digihost Technology (NASDAQ:DGHI – Get Free Report) are both small-cap finance companies, but which is the superior investment? We will contrast the two companies based on the strength of their dividends, risk, valuation, profitability, earnings, analyst recommendations and institutional ownership. Insider and Institutional Ownership 36.6% of CURO […] ....

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Loan Lender Sued for 'Trapping' Borrowers

Heights Finance was charged over a loan-churning scheme that aggressively pushed borrowers to refinance. The government’s consumer watchdog group is suing high-cost installment lender Heights Finance Holding and its subsidiaries for illegal loan-churning practices that collected hundreds of millions of dollars in loan costs and fees from struggling borrowers.In a complaint filed in a South Carolina district court, the Consumer Financial Protection Bureau (CFPB) alleges that Heights Finance ident ....

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