Home loan applications rose overall last week to their highest level since January, though much of that was due to the surge in refinance applications.
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Posted inBusiness
U.S. agency says apps that let workers access paychecks before payday are providing loans
The Consumer Financial Protection Bureau says the apps are therefore subject to the Truth in Lending Act.
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Posted inBusiness, Local & State, Maine Crime, News
North Berwick man pleads guilty to defrauding pandemic relief fund of $200,000
Frederick Avery received over $200,000 from the Paycheck Protection Program for a business he no longer owned.
Posted inBusiness, Uncategorized
These apps allow workers to get paid between paychecks. Experts say there are steep costs
More people are using so-called Earned Wage Access apps to get money to pay bills and buy groceries in between paydays.