The Federal Deposit Insurance Corporation (FDIC) Supervisory Policy on Predatory Lending (FDIC FIL-6-2007) describes certain characteristics of predatory lending and reaffirms that such activities are ...

Predatory lending might sound like a finance buzzword, but its impact is all too real. Picture signing up for a loan that seems like a quick fix, only to discover hidden fees and sky-high interest ...

SEATTLE, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Radix Financial Group, a financial services firm with over $600 million secured in funding for small businesses, today announced the launch of Go SBA Express ...

Through a $1 billion settlement announced by New York Attorney General Letitia James, Yellowstone Capital agreed to wipe out more than $534 million in debt of its small-business clients. It resolves ...

Payday loans in our community are like seawater to the thirsty — they may seem like relief at first, but ultimately cause more harm than help. Recently, an op-ed was published (“Dunleavy was right to ...

Petersburg City Council voted unanimously to pass more regulations on potentially predatory short-term loan establishments and limit the number of pawn shops allowed in the city during its meeting on ...

As a group of pastors, congregants and community leaders huddled at Antioch Baptist Church last Thursday night to discuss strategies to combat predatory lending in Waco, everyone gradually became ...

Albany, N.Y. — Private equity company Yellowstone Capital will pay $1 billion to settle predatory lending charges, the state attorney general’s office said Wednesday. The Houston-based private equity ...