Subprime lending

    Page 7 of 33 - About 326 Essays
  • Cfpb's War On Installment Loans Case Study

    Depend on Short-Term Loans The CFPB charges that short-term, bad credit loans take advantage of poor people and others who aren’t sophisticated in how they manage credit. Fee.org reports that the agency intiated several proposals to regulate payday lending, online installment loans and other short-term loans that usually carry higher rates of interest than traditional loan products. The agency has unilaterally determined that these loans aren 't in consumers’ best interests because profitability…

    Words: 1273 - Pages: 6
  • 6 Reasons Why Singapore's Small Medium Enterprises Take Up A Business Loan Case Study

    6 reasons why Singapore 's Small medium enterprises (SME) take up a business loan It is no secret that the economy is tough. Unemployment rates have put the globe on a huge wheel, and many companies have met an untimely bankruptcy, while some are on the edge of extinction. In today’s continuously fluxing economic climate, the riddle of starting and managing a small business is getting diificult. Nevertheless, the less fainted hearted are still thriving. In fact, it is surprising that some…

    Words: 727 - Pages: 3
  • Payday Business Model

    Whether they offer payday loans online or through a physical store, payday lenders have been under attack for years. Many state legislators and municipal governments have enacted rules regulating the amount of interest lenders can charge for bad credit payday loans, how many loans a borrower can have at one time and how many times a borrower can renew a loan. However, the rules proposed by the Consumer Financial Protection Bureau mark the first attempt to regulate payday loan industry at the…

    Words: 1278 - Pages: 6
  • Why Venture Capitals Are Important

    Venture capital is where investors finance a small business or a start-up business. Venture capitals will only invest in companies that they think may succeed. Venture capitals face very high risks but if they finance a company, they generally make decisions about the company. Venture capitals may be individual investors or banks. Many companies choose venture capitals because they have a greater chance of getting financed through them than they would through private funding. Venture capitals…

    Words: 876 - Pages: 4
  • Pay Day Loan Research Paper

    advance lenders who do not require any faxing or phoning. Using the above criteria will enable you to assess which pay day loan lender is likely to have an easy fast process, but there is one other very important factor to consider. Payday loan lending has a bit of a bad name for applying high charges that can lead to problems for people who already have financial difficulties. The important point to make here is that only some lenders apply ridiculous charges, which is why it is important to…

    Words: 709 - Pages: 3
  • Installment Loans Come Under Fire Summary

    speed in its investigations against the payday loan industry and other financial institutions such as banks. After making a series of controversial pronouncements and recommendations for payday lending reform, the bureau has turned its attention to installment loans. The bureau's reforms of installment lending could affect a broader coalition of financial stakeholders than the relatively limited payday loan industry according to reform details that were publicized by Files.consumerfinance.gov.…

    Words: 767 - Pages: 4
  • Payday Loans Case Study

    As the credit crunch starts to bite in the UK with Fuel and food costs rising more and more people are finding that a small emergency such as their car breaking down can leave them short of money until they get paid. Payday Loans are becoming more and more popular for short term borrowing to get over these emergencies. What is a Payday Loan? When times are tight Payday Loans are a very simple and hassle free way to get a short term loan until you get paid. They are recommended to be used for…

    Words: 938 - Pages: 4
  • Payday Loans: Case Study

    10). Producer and Consumer Sovereignty - Econimics Help. Retrieved October 10, 2016, from Economic.Help: http://www.economicshelp.org The $46 billion payday lending industry is in for a big blow. (n.d.). Retrieved October 11, 2016, from The $46 billion payday lending industry is in for a big blow: http://finance.yahoo.com/news/CFPB-payday-lending-rules-explained-192558796.html The Advantages and Disadvantages of Payday Loans. (n.d.). Retrieved October 16, 2016, from The Advantages and…

    Words: 1369 - Pages: 6
  • Online Payday Loans Essay

    easily pay back the $125 on payday, then to you it would be a good deal. You get out of a hole and the lender makes a profit - just what lending and borrowing is all about. If $400 doesn 't seem much, it is not far off the maximum that most payday loan companies offer, and that sum is not always limited by the lending company. Most states have a maximum lending amount for small loans, such as Alabama where it is $500, and also a maximum fee for the loan, such as the 15.5% of the same state. The…

    Words: 788 - Pages: 4
  • Redlining In Society

    All men are equal, but their circumstances are not. America bears an ugly history of racial segregation in cities, mostly due to the practice of redlining. Lending companies and banks withhold mortgages and other loans from people who live in neighborhoods of certain ethnic makeups. In a perfect world, arbitrary factors such as race would not affect someone’s ability to buy a home. Unfortunately, we do not live in a perfect world. Even in our supposedly “progressive” nation, prejudice against…

    Words: 1486 - Pages: 6
  • Page 1 4 5 6 7 8 9 10 11 33

Related Topics:

Popular Topics: