Lending markets

Elizabeth Warren is ‘alarmed’ by turmoil in overnight lending markets

New York CNN Business — Elizabeth Warren fears Wall Street is using the recent chaos in overnight lending markets to convince Washington to ease regulations aimed at preventing a repeat of the 2008 crisis. Warren, the Democratic presidential candidate, wrote a letter on Friday to Treasury Secretary Steven Mnuchin saying she is “alarmed” by the […]

Lending markets

Virginia’s payday loan and securities lending markets are among the riskiest in the country

Americans of all walks of life use payday loans and vehicle titles, and they typically do so to cover recurring expenses like rent, mortgage payments, groceries, and utilities, rather than for unexpected expenses.1 Only a checking account and a verifiable income are necessary to obtain a payday loan;2 a clear title to a vehicle is […]

Lending markets

Virginia’s riskiest payday and securities lending markets in the country

Americans from all walks of life use payday loans and vehicle title deeds, and they typically do so to cover recurring expenses such as rent, mortgage payments, groceries, and utilities, rather than expenses. unforeseen.1 Only a checking account and verifiable income are needed to get a payday loan;2 Clear title to a vehicle is generally […]