Similar Stories to Storefront Lender Accused Of Pushing Customers Into Taking Out Big Loans Without Interest Rate Caps on Bing News

California regulators want to seize Cash America Advance’s license, alleging the storefront lender duped customers into taking out installment loans with triple-digit interest rates. The California Department of Business Oversight, in a legal accusation filed late last month, said Cash America...

BING NEWS:
  • Figure Lending accused of misrepresenting its HELOC product in suit
    The proposed class action suit claims the fintech lender purposefully pushed customers applying for HELOC loans into higher rates, or misrepresented rates at the beginning.
    06/11/2024 - 10:15 am | View Link
  • American credit card debt by the numbers: Average loan balance, delinquency & interest rates
    When they don’t have enough cash to pay, they turn to credit cards to cover the difference. Credit card usage has increased over the years, and in 2024, it reached a record amount, exceeding $1 ...
    06/11/2024 - 3:33 am | View Link
  • With interest rates stalled, banks are seizing the moment to offer new customers cash
    Banks and credit unions are offering interest rates as high as 7%, so it's a good time to see if you could be getting more out of your money.
    06/7/2024 - 11:58 pm | View Link
  • 71% of Americans waiting on interest rate cuts before hunting for homes: survey
    Sixty-seven percent of Americans still dream of owning a home, but 71% said they are waiting for mortgage rates to drop before entering the market, according to a recent BMO Financial survey.
    06/5/2024 - 5:37 am | View Link
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