Amigo Loans and the dangers of being a guarantor
A new loan company is offering loans without credit checks or fees. The catch? You need to persuade someone who owns their own home to guarantee it. Amigo Loans offers loans between £500 and £5,000 over a one- to five-year period. The loans come with a …
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Claim accuses Wells Fargo of denying loans to young migrants
SAN FRANCISCO (AP) — A federal lawsuit filed Monday accuses banking giant Wells Fargo of illegally denying student loans to young immigrants who are protected from deportation and allowed to work and study in the U.S. under a program created by former …
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Employers Should Be Leery of Workplace Loans
Helping out an employee in need of a short-term loan can seem like kindness–until you start charging them. The uptake of on-the-job loans among employees has mounted in recent years, as nonbank, third-party providers set their sights on the workplace.
Read more on Inc.