Small Dollar Loans

Morgan Lewis Principal Weighs In On Payday Loan Debate

Morgan Lewis Principal Weighs In On Payday Loan Debate
Morgan Lewis Principal Weighs In On Payday Loan Debate
February 18, 2019  |  Regulation

The Consumer Financial Protection Bureau (CFPB) said earlier in the month that it will look to overhaul a number of payday loan regulations that were...

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Onward Financial’s Employer-Backed Payday Loan Alternative
Onward Financial’s Employer-Backed Payday Loan Alternative
February 05, 2019  |  Loans

You know the story. Critics say that short-term, small-dollar loans push consumers into the hamster wheel of a never-ending debt cycle – one that turns a two-day...

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Changes On Deck For The CFPB’s Payday Lending Rule
Changes On Deck For The CFPB’s Payday Lending Rule
January 22, 2019  |  Alternative Finances

Could it be that the CFPB, under new Executive Director Kathy Kraninger, will be moving directly to eliminate the more controversial provisions of its payday lending...

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FDIC Seeks Public Comment On Banks And Small-Dollar Loans
FDIC Seeks Public Comment On Banks And Small-Dollar Loans
November 14, 2018  |  Loans

The Federal Deposit Insurance Corporation (FDIC) announced that it is has issued a request for public comments related to small-dollar lending by financial institutions. Get...

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OCC Puts Small-Dollar Loans Back In The Spotlight
OCC Puts Small-Dollar Loans Back In The Spotlight
May 24, 2018  |  Bank Regulation

The Office of the Comptroller of the Currency (OCC) issued a new guidance encouraging banks to offer responsible short-term, small-dollar loans to their customers. The...

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Bankers To CFPB: Help Us Help Families In Need
Bankers To CFPB: Help Us Help Families In Need
September 28, 2017  |  Bank Regulation

By now, the sobering statistics are familiar: Nearly half of American adults say they could not cover an unexpected expense of $400, according to the...

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What The People Think Of Payday Lending
What The People Think Of Payday Lending
April 25, 2017  |  Alternative Finances

A lot has been said and written about payday loans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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China Is Taking On Small Amount Digital Lenders
China Is Taking On Small Amount Digital Lenders
March 14, 2017  |  International

As small digital lending startups have recently began flourishing across China, government officials are getting ready to exert just a bit more control over them....

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