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Marketplace Morning Report

Zimbabwe bans foreign currency

Jun 25, 2019

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Marketplace Morning Report

CFPB will take another look at the payday lending rules

by , and Jan 17, 2018
Last year, the Obama administration enacted new rules regarding payday lending. They haven’t yet come into effect. Now, the Consumer Financial Protection Board says it will reconsider the tighter regulation that would have required payday lenders to make sure the…

Payday loan business facing tougher rules

by , and Oct 5, 2017
Lenders would have to check a borrower’s ability to repay a loan but there are lots of loopholes protecting the loan business.
A neon sign above a branch of Payday Loans, who offer cash for gold and instant check cashing services.
Oli Scarff/Getty Images

Who are the unbanked?

by David Brancaccio Jun 29, 2017
Income volatility is increasingly driving low- and middle-income Americans to check cashers and payday lenders.
Oli Scarff/Getty Images

In Louisiana, kids learn about balancing the books and paying bills

by Marketplace Contributor Dec 2, 2016
Last May, Louisiana made financial literacy a mandatory topic in state public schools.
At the Finance Park, a financial literacy simulation in Baton Rouge, middle school students learn the basics of paying bills and taxes, and how to balance a monthly budget.
Jesse Hardman

Consumer bureau proposes new rules for payday lenders

by Kimberly Adams Jun 2, 2016
CFPB rules target payday, auto title, and high-interest installment loans.
New rules for payday loan businesses, such as the one pictured, aims to help U.S. consumers stay away from debt.
Dan Kitwood/Getty Images
Anxiety Index®

Where to turn when there's nowhere to turn

by Kimberly Adams Mar 17, 2016
There are limited options for many people when hit with an unexpected expense.
The LIFT program in Los Angeles has a pilot program to provide small emergency grants to members facing unexpected financial emergencies.
Kimberly Adams/Getty Images
Anxiety Index®

Life without a financial safety net

by Kimberly Adams Mar 17, 2016
"It feels like being on a treadmill behind which there is a bed of spikes."
Joe Raedle/Getty Images

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Breaking tradition in the credit scoring business

by Nancy Marshall-Genzer Feb 17, 2016
Banks dip their toes into a new market: people without traditional credit scores.
Banks dip their toes into a new market: people without traditional credit scores.
Simon Cunningham

Consumer bureau may go after payday loans

by Sally Herships Jan 7, 2015
Reform could be coming to payday loan industry in the form of federal regulations.

Payday lender accused of dodging state laws

by Dan Weissmann Aug 12, 2014
Manhattan's District Attorney says company made illegal loans via the web.