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Profile of Errol Damelin from Wonga: Hey Big Lender (Payday) | The independent
Errol Damelin "will hate this". So says a friend of Wonga's short-haired founder, currently sitting in the eye of the biggest moral storm God against Mammon this country has seen since the financial crisis.The skinny South African had…
Wonga terminates sponsorship deal with Blackpool FC | Payday loans
Payday loan company Wonga has announced that it will not be renewing its sponsorship of Blackpool FC when the deal ends at the end of the season.The controversial short-term lender began sponsoring the club in 2010 under a two-year deal and…
UK has a payday loan store for seven banks and building societies | Loan and debt
Main streets across the UK now have at least one short-term loan store for seven banks and building societies, according to a study prepared for The Guardian, which shows how pawn shops have become commonplace in many neighborhoods…
Destroy the 3 Most Recent Small Business Lending Myths
Opinions expressed by Contractor the contributors are theirs.
You are reading Entrepreneur United States, an international Entrepreneur Media franchise.
The landscape for small…
Banks criticized for closing the payday loan gap
Payday loan is an expensive form of credit operating on the fringes of the economy. That's why the target of further crackdown by federal regulators may surprise you: Instead of a sad-looking…
LendUp Offers Friendlier Alternative To Payday Loans – Liz Gannes – Commerce
Two half-brothers from Oakland, Calif., One who worked at Grameen Bank and Citigroup, the other at Yahoo and Zynga, combined their banking expertise and web applications to create a more user-friendly version of payday loans.
And they…
Wagestream raises £ 15million as it battles payday lenders
Digital bank
Existing London-based fintech funders include the Joseph Rowntree Foundation, Bill Gates and Jeff Bezos.Image source: corporate imageWagestream has secured £ 15million in funding to roll out its worker payment service,…
Have you heard of savings credit? Think carefully before you sign up – National
Canadians with poor or no credit history have a new way to borrow: savings loans.
Savings loans have only been available in Canada for a few years, multiple sources told Global News, but they appear to be gaining traction in a country…
CA Cuts Interest Rates on Certain Loans From Approved Lenders | Weiner Brodsky Kider PC
The California legislature recently passed a bill, called the Fair Access to Credit Act, which amends the California Financing Law (CFL) by imposing, in part, a maximum interest rate on loans made by approved financial lenders. between $…
ASIC sues Teleloans Pty Ltd and Finance & Loans Direct Pty Ltd in Federal Court
The nation's business watchdog is starting a "case test" lawsuit against two Gold Coast payday lenders.The nation's business watchdog is taking legal action against two Gold Coast payday lenders, accusing them of avoiding responsible…