payday loans
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This loan fund couldn’t find affordable housing to support, so they’re building it
The Northwest Native Development Fund is taking an upstream approach to boosting affordable housing and entrepreneurship on Washington’s Colville Reservation. Ted Piccolo wants to build at least one house every year on the Reservation Colville in northeast Washington. “Maybe one year we’ll do two, depending on how it goes,” says Piccolo, who is executive director …
‘Stop with the Bull of Inequity’ on Black Homeownership – Orange County Register
“Mailbag” offers insight into the feedback I receive from readers – good, bad, or intermediate – and my thoughts on their feedback. It’s uncomfortable to talk about the nation’s ugly housing past and even more unnerving to think that many inequities still exist in the homebuying system today. Despite modest improvements, the housing market is …
‘Stop with the Bull of Inequity’ on Black Homeownership – Orange County Register
“Mailbag” offers insight into the feedback I receive from readers – good, bad, or intermediate – and my thoughts on their feedback. It’s uncomfortable to talk about the nation’s ugly housing past and even more unnerving to think that many inequities still exist in the homebuying system today. Despite modest improvements, the housing market is …
The main reasons why you can benefit from debt consolidation
The consumer world we live in today leads some people to deal with bad credit. If you belong to this category of people, you probably need a bad debt consolidation loan. A bad credit consolidation loan can offer you a financial loan to combine all your credit cards with payday loans and high cost or …
Just Economics: looking through the lens of “Project 1619”
In 2019, The New York Times published The 1619 Project, a collection of essays, short stories and poems intended to revisit the history of the United States through the lens of slavery and racism. The creators of The 1619 Project hoped it would be used in public schools. This happened in over 4,000 schools, mostly …
the Saints got a mess on their hands
Sean Payton is the greatest head coach in New Orleans Saints history. He has more wins than anyone who has ever taken the reins of the once inept franchise. He’s coached more than eight times as many playoff games as the next closest player in the Saints’ record books. He is responsible for the team’s …
Investing in a fairer post-pandemic banking system
Here’s what the Treasury’s new investment in 186 Community Development and Minority Financial Institutions will mean for more than 160 municipalities across the country. In the Morrisania section of the Bronx, New Covenant Dominion Federal Credit Union has seen steady growth in its loan portfolio since the start of the pandemic. It’s tiny, even by …
California company to pay $1.5 million for illegally obtaining financial data from millions of consumers
A Santa Monica company that allegedly tricked millions of consumers into providing sensitive information under the guise of connecting them with lenders will pay $1.5 million in civil penalties imposed by the Federal Trade Commission. ITMedia Solutions LLC, which specializes in lead generation, will also face restrictions on its sale and use of consumer data …
Santa Monica company to pay $1.5 million for illegally obtaining financial data from millions of consumers – Press Enterprise
A Santa Monica company that allegedly tricked millions of consumers into providing sensitive information under the guise of connecting them with lenders will pay $1.5 million in civil penalties imposed by the Federal Trade Commission. ITMedia Solutions LLC, which specializes in lead generation, will also face restrictions on its sale and use of consumer data …
MoneyKey Personal Loans Review | Find the best loan for you
MoneyKey is a direct online lender that started in 2011 and gives borrowers with lower credit scores access to short-term personal loans and lines of credit. The lender offers products in 16 states. MoneyKey notes that its short-term installment loan is “an expensive form of credit and is not intended to meet long-term financial needs.” …
Payday loan program deprives investors of millions
MIAMI — The owner of a Miami-based payday loan company defrauded hundreds of investors out of millions of dollars and paid off others with money he acquired through a Ponzi scheme , according to federal regulators. About 500 investors, including many from the Venezuelan American community in South Florida, were won over by Efrain Betancourt …
Payday loan scheme scams investors out of millions – CBS17.com
MIAMI (AP) — The owner of a Miami-based payday loan company has defrauded hundreds of investors out of millions of dollars and repaid others with money he acquired through a Ponzi scheme, according to a newspaper article and federal regulators. About 500 investors, including many from the Venezuelan American community in South Florida, were won …
Best Payday Loans: Get Your Payday Fast
If you find yourself in a financial emergency and don’t have the money to deal with it, don’t worry just yet. There are countless money lending platforms that may be willing to give you a loan. You can apply for a payday loan. Payday loans are short-term loans that are usually processed in as little …
Online payday loans in Chicago
Chicago Payday Loans Chicago, IL payday loans can be a great option for financial emergencies. PaydayChampion helps you connect with a wide range of lenders that offer payday loans in Chicago. Your payday lender will deposit the money into your account within 24 hours of your loan request being approved. Some loan requests may not be approved. Chicago …
A proposed LGBTQ center on Chicago’s South Side garners community opinions, hopes and concerns | State and Regional
CHICAGO — To Noel Green, being a part of Chicago’s South Side Black LGBTQ community “feels like being a part of a space, but essentially the underground of it.” “It is something that you can live your truth, but only after darkness comes,” said Green, a University of Chicago public policy and social work student, …
PROTECT CONSUMERS AND NOT FINANCIAL PREDATORS | Crain’s Business in Chicago
The most desperate are the most vulnerable. In a booming economy, the wealth gap should narrow, not widen. The rise of the economic ladder for the working poor, especially blacks and Latinos, is threatened by payday lenders eager to exploit the situation with the help of the Consumer Financial Protection Bureau (CFPB). Earlier this year, …
Why Illinois Special Education Students Can Now Graduate With Their Classmates | Government-and-politics
KAREN ANN CULLOTTA Chicago Tribune “I firmly believe that a fundamental principle of governance is to ensure that our laws are benevolent to the people they are meant to serve. And there’s nothing nice about taking a disabled student out of class on October 16, January 5, or April 19, just because they’ve aged a …
Road to restoration | Economic news
Pastors Ken and Beverly Jenkins, who head the nonprofit Refuge and Restoration, inaugurated on Tuesday, October 19, 2021 on the future site of the R&R Marketplace. Karen Robinson-Jacobs | American St. Louis For married pastors Ken and Beverly Jenkins, the road to rehab winds its way through streets once blazing with rage after the police …
Illinois Lawmakers Sign New Economic Fairness Laws To Address Racial Inequality And Systemic Injustice
CHICAGO (WLS) – Governor JB Pritzker, along with the Illinois Legislative Black Caucus, are celebrating a new round of laws aimed at addressing racial inequalities and systemic injustices. “We have the opportunity to make fundamentally positive changes that will benefit many who have been left behind and left behind for too long,” said Pritzker. Laws …
Man Detained Over 60 Times by Chicago Police for Misidentification Currently Subject to City Court Battle | Crime-and-Courts
ANNIE SWEENEY Chicago Tribune Days after Darren Cole made public last March that he was detained by Chicago police more than 60 times because he shared a name with a man with an arrest warrant, the city has helped clear up the case. But the cooperation did not last long. Now the city of Chicago …
1 Chicago policeman killed, another seriously injured | Crime-and-Courts
PAIGE FRY Chicago Tribune Two Chicago police officers were gunned down Saturday night in the West Englewood neighborhood in the southern part of the city, according to Chicago police. One of the officers, a female, died, according to the Chicago Police Department. The other is fighting for his life, First Deputy to the Superintendent. Eric …
New Daily Cases of COVID-19 in Chicago’s Top 400 | State and regional
98% of people in the United States live at a high or substantial risk of transmission compared to 19% about a month ago. The average number of new daily COVID-19 cases in Chicago exceeded 400 on Monday, the highest since May 7 and a ten-fold increase from the lowest rate in June. The mark of …
Venture capitalists abandon payday loans
Venture capitalists are moving away from the payday lending space, a decade after rushing into it. Driving the news: LendUp, which had raised more than $ 200 million from companies like Google Ventures, this month stopped making loans. Axios obtained a letter sent to shareholders, in which CEO Anu Shultes said payday loans “are no …
Effects of COVID Widen America’s Racial Wealth Gap: Blacks own 22 cents for every dollar whites hold
While the issues raised by the Federal Reserve and Harvard may sound like variations on an old theme, 150-year-old global finance company Goldman Sachs is urging the public and private sectors to invest in a targeted and sustained manner to close the gap of racial wealth in the United States. . Although the report focuses …
SIU researchers: Separation of Downstate from Chicago would mean ‘economic disaster’ | UES
THE O’DELLS The South For residents of northern Illinois who wish to break away from Chicago and its suburbs and form their own state, two researchers at Southern Illinois University Carbondale have a categorical caveat: In a white paper released earlier this year by the Paul Simon Public Policy Institute, a university think tank, political …
Chicago’s COVID-19 Travel Advisory Now Covers All States Outside Illinois | State and regional
Leading infectious disease expert Dr Anthony Fauci said a new variant of the coronavirus was being watched but was not yet a threat. Vermont, the last state to be on Chicago’s travel advisory, was added to the list on Wednesday, placing the entire United States under city leadership to stem the transmission of COVID-19. Besides …
Chicago Mask Mandate Violations Lead to At Least 30 Citations Against Businesses | Local crime and courts
ALICE YIN Chicago Tribune At least 30 citations have been issued to businesses in Chicago for flouting the indoor mask mandate, the city said. Most recently, the city’s Department of Commercial Affairs and Consumer Protection issued 10 citations for failing to meet masking requirements from Thursday through Sunday, according to a Tuesday press release. One …
Art Institute of Chicago employees gain majority support for union | Government-and-politics
ROBERT CHANNICK Chicago Tribune Backed by majority employee support, organizers at the Art Institute of Chicago announced Wednesday they are asking the museum to voluntarily recognize the iconic cultural institution’s first union. Union organizers began collecting signature cards from about 640 Art Institute and School of the Art Institute employees last month, and after securing …
JPMorgan Chase to Invest $ 150 Million in South and West Sides
JPMorgan Chase will spend $ 150 million on grants and loans to encourage economic development on the south and west sides, the bank said recently. The initiative builds on an earlier $ 50 million investment announced by the bank in 2017. Charlie Corrigan, head of Midwestern philanthropy at Chase, said the money had been spent …
Chicago Banker Sentenced Over Trump Loan Scheme | State and regional
LARRY NEUMEISTER Associated Press NEW YORK – A Manhattan jury on Tuesday convicted a Chicago banker for allowing Paul Manafort to get $ 16 million in loans before ex-President Donald Trump’s former campaign manager helped him get an interview for a job in the Trump administration. The jury returned its verdict in federal court after …