The closing of international borders causes pain

YHA Sydney Harbor is one of the hostels that has welcomed domestic visitors, but others are struggling. Photo: Anna Kucera A school group of 150 children packed the excavation of the funky Sydney Harbor YHA hostel last week, followed by a group of drama teachers who took a course with …

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CFPB Kraninger grilled on payday, military loan

Lawmakers on Tuesday grilled Kathy Kraninger, director of the Consumer Financial Protection Bureau, over the agency’s decisions to overhaul the payday lending rule and stop screening financial firms for compliance with the law. military loans. In his first appearance before the Senate Banking Committee since being sworn in three months …

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Morgan Lewis Principal on the Payday Loan Debate

The Consumer Financial Protection Bureau (CFPB) said earlier in the month that it would seek to revise a number of payday lending regulations that were put in place in 2017 and were due to go into effect in August of this year. Among the regulations scheduled for review is one …

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Northam seeks to change driver’s privilege card legislation, ban strip searches of children; approves reform of preferential voting and payday loans | Virginia

The move was celebrated by the Virginia Poverty Law Center and other consumer protection groups, which argued that predatory payday loans and car titles target the poor and trap them in financially precarious situations. “We have been fighting for years to reform predatory lending, and it is a relief that …

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CFPB publishes framework of payday loan rules

The new payday loan rules being considered by the Office of Consumer Financial Protection would require lenders to guarantee the borrower’s ability to repay a loan, limit short-term credits to 45 days or less, and establish a time limit of 60 day reflection for borrowers on three loans in a …

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Payday loan laws drive traffic to pawn shops

While short-term loans usually have a pretty tough reputation, pawnshop is the most frowned upon arena in an already unloved category of consumer loans. By definition, a pawnshop offers loans on items that are not accepted as collateral by banks or traditional lenders. Items that typically appear in pawn shops …

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41 black-owned hotels to plan your next trip

Jnane TamsnaMarrakech, MoroccoOn a lush nine-acre plot outside of Marrakech, this quiet boutique has five houses and swimming pools, each uniquely designed. Seku BiDakar, SenegalThis intimate boutique offers French colonial villas, contemporary African art, and a quiet location in the Dakar-Plateau district. CuriocityDurban, Johannesburg, Cape Town; South AfricaA network of …

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A women-only hostel where safety comes first

The state of gender relations in Bangladesh is in such a precarious position that the experience of all women, regardless of their stratum, is filled with fear, anxiety and even paranoia. The outrage currently plaguing the country over rape and gender-based violence is an indictment that the problem is very …

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