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Vermont federal district court rules CFPA does not provide private right of action for alleged usurious loans; denies motion to dismiss EFTA claim

CFPB Monitor

A Vermont federal district court recently issued a decision ruling on the defendants’ motion to dismiss a class action involving allegations that an online tribal lending venture violated federal and state law because of alleged usurious interest rates and other allegedly unlawful features. Rosenblum.

Vermont 68
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Lease-To-Own Services Make A Comeback With Overstock.com

PYMNTS

Overstock.com is no stranger to offering financial services — it already provides credit cards, lending, investments and insurance services to its customers. In May , Sears Holdings announced that it had expanded its leasing program to allow customers to finance a variety of products, both in-store and online.

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What Can a HELOC do for You? A Guide for VT & NH Homeowners

Ublocal

Since 1891, Union Bank has been helping our neighbors in Vermont and New Hampshire tap into their home equity and get the most out of homeownership. If you’re unsure of your home’s value, the lending team at Union Bank can help you determine the current amount of equity in your home. When can you begin to tap into your home’s equity?

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B2B FinTech’s Unlikely Investment Winner

PYMNTS

Businesses across the globe operating in the blockchain, eCommerce-as-a-Service and alternative lending spaces (to name a few) all secured funding. It’s about helping companies with between $100 million and $150 million in online annual sales access a robust set of solutions to manage their digital operations. Alternative Lending .

Capital 100
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Unraveling the Mysteries of Complex Investment Terms – A Guide for Real People

Ublocal

This exciting new tool is available to all Union Bank customers who are enrolled in online or mobile banking with checking or savings accounts. Bond A bond is like lending money to a friend, but in this case, it’s to a company or government. You don’t want only one type of food; you want a mix. Follow the prompts to enroll.

Taxes 98
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Banking Is Only The Beginning: 30 Big Industries Blockchain Could Transform

CB Insights

For example, TØ.com , a subsidiary of Overstock, wants to enable stock transactions online using blockchain tech. Illinois, Vermont, and other states have since announced similar initiatives. Cloud storage .