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Digital lending is primarily preferred by those who are generally unable to obtain credit through formal sources of finance, such as banks. Digital lending is a powerful tool that can be used for financial inclusion. With new innovations underway, digital lending has enabled many financial service providers to deliver much better products to the masses …

Pastors Ken and Beverly Jenkins, who head the nonprofit Refuge and Restoration, inaugurated on Tuesday, October 19, 2021 on the future site of the R&R Marketplace. Karen Robinson-Jacobs | American St. Louis For married pastors Ken and Beverly Jenkins, the road to rehab winds its way through streets once blazing with rage after the police …

SAN FRANCISCO, October 18, 2021 / PRNewswire / – Rapidus, a marketplace connecting commercial senders with professional courier delivery partners, recently announced a partnership with Skinny, a platform that partners with marketplaces to give concert workers access to financial products tailored to their needs, to deliver instant payments and financial products to their entire partner …

When COVID-19 hit, many businesses, especially black businesses, suffered or collapsed. One of those black entrepreneurs who suffered was a resident of the Bronx Yosara. She founded a yoga and dance studio, but the business has struggled to stay afloat during the COVID-19 pandemic. Yosara opened the Sweet Water Dance and Yoga studio in the …

The U.S. Postal Service recently launched a Postal Banking Pilot Program that allows customers to cash paychecks and business checks up to $ 500 in four cities: Washington, Baltimore, the Bronx and Falls Church, Va. . This modest pilot project is the foundation for envisioned more extensive postal banking services that could include bill payment …

The U.S. Postal Service recently launched a Postal Banking Pilot Program that allows customers to cash paychecks and business checks up to $ 500 in four cities: Washington, Baltimore, the Bronx and Falls Church, Va. . This modest pilot project is the foundation for envisioned more extensive postal banking services that could include bill payment …

It has been a difficult month for many Americans, with the pandemic sweeping the country. And while it seems that payday loans are no longer an option for those who need quick cash, what about other forms of credit? The Federal Reserve reports that credit card use has increased by more than 5% since the …

When Yanely Espinal was growing up, his family did not use a bank. Her parents had immigrated to the United States from the Dominican Republic and, like many newcomers, used only cash. “I’ve never, ever seen a credit card, a debit card, anything like that in my house,” said Espinal, director of education outreach at …

I. THE END OF THE YEAR is the time critics draw up best-of lists, but it is also a time to tally the verdicts of the marketplace: the biggest movie, the hottest toy, the most viral tweet. And in 2017, Hillbilly Elegy, J. D. Vance’s memoir about escaping the drug-depressed rust belt and landing at …

Payday loans are an integral component of the American financial system, but they’re not a typical product. If you’re looking to get a loan for your personal needs , it’s typical to need an amount that can be paid back within the same day. While this may not be feasible in all cases however, it’s important to …