“Demand for small dollar loans fell precipitously in 2020 as many consumers stayed home, paid off debt, managed fewer expenses and received direct government payments,” Leonard said in a statement. On the other hand, Cesar said the decline in the use of payday loans is not necessarily indicative of financial improvement among Californians. “It’s just […]
Month: July 2021
Removal of Scarborough hospital services forcing patients to travel to York and leaving a ‘fragmented’ health service
Scarborough Hospital. (JPI Media) This forces Scarborough residents to make the 80-mile round trip to access health services. Read more Read more Deprivation, staffing shortages and an aging population lead to poorer health outcomes… Dr Asif Firfirey, a GP in Scarborough, said the area’s health services now felt “fragmented”. Register to our daily newsletter The […]
Mount Sinai is the leader in geriatric hospital services
The Mount Sinai Hospital in New York City was no. 1 this year in geriatric care, according to the rankings of American News and World Report. The Cleveland Clinic, in Cleveland, Ohio, and the Mayo Clinic in Rochester, Minnesota, followed. To round out the top 10 hospitals caring for patients over the age of 75, […]
Payday loans must cap | Letters to the Editor
Payday loans are often advertised as “emergency relief,” but if you look at the data, it couldn’t be further from the truth. On average, people in Minnesota who use payday loans take out an average of 10 loans with the equivalent of an interest rate of 208%, trapping them in revolving payday debt for an […]
Hospital marketers share tips on campaign imagery
Aesthetics are a key component of any healthcare system marketing campaign, as visual imagery elicits emotions and memories that the public will associate with the system. Below, five health system marketing managers give their advice on strategic aesthetic choices for campaigns. Editor’s Note: Answers have been edited slightly for clarity and style. Laura Young. Director […]
More states are pushing back interest rate caps on payday loans
By Annie Millerbernd | NerdWallet Small, short-term lenders, who are not subject to a maximum federal interest rate, can charge borrowers rates of 400% or more for their loans. But more and more states are reducing that number by setting rate caps to limit high-interest loans. Currently, 18 States and Washington, D.C., have laws that […]