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CFPB announces proposed consent order with companies alleged to have collected loans void under state law

CFPB Monitor

The relevant states are Arizona, Arkansas, Colorado, Connecticut, Illinois, Indiana, Kentucky, Massachusetts, Minnesota, Montana, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, and South Dakota (“Subject States”). The loans in question were made by companies owned by Native American tribes.

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Sizzle Or Fizzle: Facebook, Online Lending, Cash – And The Twilio Surge

PYMNTS

This week it was Minnesota, and then yesterday Walmart really got warmed up and announced the expansion of their new payments service in: Michigan, Virginia, the Carolinas, Indiana, Iowa, Kentucky, Nebraska, North Dakota, South Dakota, Tennessee, Louisiana, Missouri, Mississippi and Washington, D.C. Online lending .

Lending 101
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The United States Of Fintech: The Most Well-Funded Fintech Startup In Each State

CB Insights

California-based lending unicorn SoFi is the most well funded fintech company with just over $2B raised since 2011. South Carolina. South Dakota. Unicorns on the map include SoFi in California, Oscar in New York, Avant in Illinois, Kabbage in Georgia, and AvidXchange in North Carolina. Click on the image below to enlarge.

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Banking's Top 5 in Total Return to Shareholders: 2019 Edition

Jeff For Banks

It was established in 1891 as Savings and Loan Association of Corydon, changed names a couple of times, acquired three banks since 1999, and now is an $818 million in assets bank with 18 branches in Southern Indiana and Bullitt County, Kentucky. billion in asset financial institution based in Sioux Falls, South Dakota.

Indiana 78
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June’s Top 12 Mobile Pay Moments

PYMNTS

The latest June count for where Walmart Pay is available is: Virginia, North Carolina, South Carolina, Nebraska, North Dakota, South Dakota, Iowa, Tennessee, Kentucky, Michigan, Indiana, Alabama, Georgia, Louisiana, Missouri, Mississippi and Washington, Missouri, Texas, Arkansas, and Washington, D.C.

Mobile 104
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Opploans Personal Loans Review: For Borrowers With Bad or No Credit

MyBankTracker

APRs are lower than predatory lending options. If you’re considering applying for a personal loan, this review will cover everything you need to know about Opploans. Designed for borrowers with bad or no credit. On-time payments can help build credit. APR is still extremely high compared to typical personal loans. Borrowing Amounts.