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TrueConnect Insights
Here, you’ll find blog posts crafted to help you understand the advantages of partnering with TrueConnect, tips and tricks on business best practices and current events in the financial benefits industry. Browse through our Insights by clicking the posts below.
Payday Move Sounds Simple, but the Devil Is in the Details
WSJ PRO Others are experimenting with new ways to find borrowers in need to lower the cost of credit checks and default risks. Employee Loan [...]
Read more Payday Move Sounds Simple, but the Devil Is in the Details
The CFPB’s new rule is aimed at helping borrowers avoid debt spirals
Sidewire Jonathan Allen: Welcome David Rothstein, chairman of the Coalition for Safe Loan Alternatives, David Reiling, CEO of Sunrise Banks, and [...]
Read more The CFPB’s new rule is aimed at helping borrowers avoid debt spirals
Press Release
Coalition for Safe Loan Alternatives Expands as Additional Members Push for Safer Lending Nationwide Washington, D.C. – May 31, 2016 – The [...]
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Vic Pallotta: Rethink a broken payday loan industry
Akron Beacon Journal Too many people who desperately need a loan are turned down because of poor credit history. TrueConnect can rebuild credit, [...]
Read more Vic Pallotta: Rethink a broken payday loan industry
Debunking the myths of payday lending
The Hill A flawed payday loan system, according to Knight, still provides a valuable lifeline to those who need it. But if the existing system [...]
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Coalition asks CFPB to include no safe harbors in payday lending rules
Politico Pro A coalition of consumer advocates, small banks and credit unions is asking the Consumer Financial Protection Bureau to give payday [...]
Read more Coalition asks CFPB to include no safe harbors in payday lending rules
1,000% loans? Millions of borrowers face crushing costs
CBS NEWS One complaint about the payday lending industry is that it lacks competition, making it hard for borrowers to shop around for the best [...]
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Payday lending: Reforming a broken Industry
The Hill While our economy continues to improve for some, millions of Americans are financially unprepared to deal with unexpected expenses. A [...]
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New Coalition to Push for Payday Loan Alternatives
American Banker “How can we replace a two-week loan model at a better cost?” said David Rothstein, the chair of the Coalition for Safe Loan [...]
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Sunrise Banks receives Wells Fargo NEXT Award
Wells Fargo has named St. Paul-based Sunrise Banks as one of three recipients of its 2015 NEXT Awards for Opportunity Finance. The award [...]
Read more Sunrise Banks receives Wells Fargo NEXT Award