Hardship programs appear to be helping many people pause payments and survive the economic shutdown so far. But not everybody is getting the help, and advocates see big potential trouble ahead. Continue Reading Millions Of Read More
Not-so-small companies like Shake Shack and organizations like the LA Lakers were able to get loans that were meant for suffering small businesses. What happened? Continue Reading How The Small Business Loan Program Went Wrong In Just 4 Read More
Bankers tell NPR that the SBA's portal wouldn't allow them to enter the loan application information that is needed to access the PPP program. Continue Reading Small Business Loans Site Crashes On First Day Of ReopeningRead More
During a recent lunch hour in Springfield, Va., a medical assistant named Angela walked into a branch of Advance America at a strip mall and asked for a loan. She'd borrow $300 and promise to pay it back within 30 days, with additional interest and fees.
A rule under then President Barack Obama would make it harder for Angela to get her payday loan. Under the proposed Read More