Sep 20, 2024
The CFPB Says Earned Wage Advances Classified as Consumer Loans - Adobe Stock Images by GetFocusArt
The CFPB Says Earned Wage Advances Classified as Consumer Loans

As reported by Reuters, the U.S. Consumer Financial Protection Bureau (CFPB) announced on Thursday that "earned wage" advances on worker paychecks should be considered consumer loans under federal law. This move aims to establish federal guidelines for a rapidly expanding market. In its proposed interpretive guidance, the CFPB stated that... Read More »

U.S. Supreme Court Ruling on Homelessness Could Set New Precedent - Jenny Kane/AP via NPR
U.S. Supreme Court Ruling on Homelessness Could Set New Precedent

Cities across the nation are evaluating the ordinances that impact the unhoused in their communities. Their efforts have been greenlit in part by a recent Supreme Court ruling that threatens to have a major impact on how cities manage the growing homelessness crisis, especially in hotbed areas like Los Angeles,... Read More »