It’s not every day the gossip site
Many Gawker readers posted outraged comments about the idea that the card will appeal to teens. "This is the most expensive fee schedule I have ever seen," one commenter wrote. "This is straight up 'let's take advantage of some dumb young people.' " (The card’s monthly fee is comparable to those of other prepaid offerings, but it requires payment of six or 12 months' fees up front.) A few attentive readers noted that the Gawker/BusinessInsider headline erred in describing the product as a "credit" card.
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Leaders at financial institutions said borrower demand should pick back up, if slowly, following Tuesday's vote.
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The Consumer Financial Protection Bureau will soon have to defend its interpretive buy now/pay later rule in court following an industry advocacy group lawsuit. Here's what's at stake.
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Potential new Senate Finance Committee Chair Sen. Mike Crapo, R-Idaho, has suggested a potential workaround to offset the cost of extending the Tax Cuts and Jobs Act.
November 4 -
Few banks are listening to what their customers are saying on Reddit, but the site can help them spot customer complaints and develop content that dispels misinformation.
November 4 -
Sens. Elizabeth Warren and John Hickenlooper say recent data suggests there is "no need for restrictive interest rates" and easier monetary policy is necessary to lower housing costs.
November 4 -
Multiple lenders filled leadership roles across the country, including National Bankshares in Virginia, while Peoples Financial in Pennsylvania said its CEO would step down.
November 4