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SoLo Funds Builds Innovative FinTech Business for Underserved Communities

In episode 121 of the Disruptors for GOOD podcast, I speak with Rodney williams, co-founder of SoLo Fund, on building a non-predatory FinTech startup for underserved communities in America. About SoLo funds SoLo Fund is a mobile loan exchange that connects lenders and borrowers with the goal of providing more affordable access to loans under $ 1,000. SoLo was created ...

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Advantages Of Payday Loan Compared To Pawnbroker Brand voice

Details It will be more profitable to take out a personal loan online than to seek the help of a pawnshop. There can only be two reasonable reasons for taking out a personal loan online. First, if you put that money into something that will pay off the cost of the loan multiple times. The second is the appearance of ...

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Everything you need to know to get a payday loan in Canada

Focus Cash Loans offers online payday loans to meet urgent or unforeseen expenses Payday loans are designed to help people with urgent or unexpected expenses get the financing they need quickly. If you need a quick loan but don’t want to deal with your bank, online payday loans can help. A payday loan is the fastest, easiest way to get ...

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Definition, how does it work, risks

Peer-to-peer lending is a popular alternative to traditional financing methods. There are several peer-to-peer platforms to choose from, but not all of them allow individuals to lend money through them. Borrowers and lenders are always subject to risks, such as defaults. Visit Personal Finance Insider for more stories. Peer-to-peer (P2P) lending is the process of obtaining financing from other people, ...

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New study from UH Law Center reveals racial and ethnic disparities in loan industry advertising

A new study from the University of Houston Law Center found that the payday loan industry often targets black and Latino communities in advertising their products, while the mainstream banking industry targets white consumers. Photo credit: Karolina Grabowska In their study published in the Emory Law Journal, Professor Jim Hawkins and 3L student Tiffany Penner call for a change in ...

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How to stay in control of your finances during the winter months

For many of us, preparing for Christmas can be a stressful time. This is not uncommon, especially if the previous year has been difficult. There is always the need to do Christmas special for loved ones, but it can put financial pressure to spend beyond our means, which can impact our mental health. With many people at risk of going ...

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Thousands of Payday Loan and Home Loan Debt Canceled for Satsuma and Provident Clients

THOUSANDS of customers who have taken out payday loans and borrowed money through the home loan have had their debts written off. Anyone with an outstanding loan from Provident or Satsuma will no longer need to repay what they owe. 1 Thousands of loans have been canceled – but millions of customers could be repaidCredit: Getty Provident announced earlier this ...

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How to avoid renewing or postponing your cash advance

Payday loans with cash advance are expensive, so it’s a good idea to make sure you can pay them off before signing along the dotted line. If you cannot meet this agreed upon due date, you have the option of renewing your loan. It can seem like a great backup when the going is tough. But not only do you ...

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Why is FinTech a leader in the lending sector – Businesses

Princeton, NJ / 360prwire / December 19 / A few decades ago, there was no such thing as fintech. Back in the day, when you needed to get a loan or access your funds in your bank, you could walk or cycle to the bank. But today, this is not the case. And let me say that change is inevitable. ...

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Best Online Installment Loans For Bad Credit January 2022

To improve Ideal For Bad Credit Debt Consolidation Installment Loans 5.94-35.47% Personal loans granted through Upgrade have APRs of 5.94% to 35.47%. All personal loans have an origination fee of 2.9% to 8%, which is deducted from the loan proceeds. The lower rates require automatic payment and direct repayment of part of the existing debt. For example, if you received ...

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