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The racial wealth gap is getting wider. Can technology fix it? - Vimarsana News

The racial wealth gap is getting wider. Can technology fix it?

In recent years, the wealth gulf between white and Black families has only grown. But there is hope that advances in fintech, such as wider adoption of artificial intelligence, can help.

CFPB Files Lawsuit Against SoLo Funds for Alleged Deceptive Lending Practices | Troutman Pepper - Vimarsana News

CFPB Files Lawsuit Against SoLo Funds for Alleged Deceptive Lending Practices | Troutman Pepper

Last week, the Consumer Financial Protection Bureau (CFPB or Bureau) filed a complaint against SoLo Funds, Inc., a fintech company operating a small-dollar, short-term lending platform....

SoLo Funds vows to fight CFPB lawsuit - Vimarsana News

SoLo Funds vows to fight CFPB lawsuit

The company changed several of the practices the agency complained about several years ago, such as threatening to report nonpaying borrowers to credit bureaus, co-founder Rodney Williams says.

5 Common Reasons 30% of Americans Live Paycheck to Paycheck in 2023 - Vimarsana News

5 Common Reasons 30% of Americans Live Paycheck to Paycheck in 2023

There's no hiding it -- the cost of living crisis is hitting Americans hard. That's why 30% are currently living paycheck to paycheck, according to a new report from SoLo Funds. It's not just hitting...

5 Common Reasons 30% of Americans Live Paycheck to Paycheck in 2023 - Vimarsana News

5 Common Reasons 30% of Americans Live Paycheck to Paycheck in 2023

There's no hiding it -- the cost of living crisis is hitting Americans hard. That's why 30% are currently living paycheck to paycheck, according to a new report from SoLo Funds. It's not just hitting...

Source: yahoo.com