In a rare moment of bi-partisan agreement, House members sent the CFPB a letter last week to explicitly request the agency rethink some of its proposals to rein in payday lenders (and other providers of short terms loan offerings) as they fear the net result...
April 25, 2017
A lot has been said and written about payday loans. In fact, there’s been a literal deluge of data on the subject: stacks of studies, reams of regulations, a plethora of public hearings and an otherwise unending series of arguments about whether or not this form of lending is a useful and well-understood type of […]
October 03, 2016
In a rare moment of bi-partisan agreement, House members sent the CFPB a letter last week to explicitly request the agency rethink some of its proposals to rein in payday lenders (and other providers of short terms loan offerings) as they fear the net result will be a drop in credit availability for everyone. “As […]