Reprinted from Harvard Business Review written by Shelle Santana Is the U.S. becoming a cashless society? As digital payments spread from coastal coffee shops to rural restaurants, business owners, lawmakers, and consumers across America are asking themselves this question. And…
The answer is No. Payday loans are not legal in Maryland. Maryland Law § 12-101 et seq. prohibits payday lending in all forms, including online loans. The maximum interest a small loan provider can charge is 2.75% per month or…
A couple of months ago, Business Insider published an amazing article by Alex Morrell on check cashing that is well worth your time to read: An Ivy League professor who spent four months working in a South Bronx check-cashing store says…