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...
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...
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...
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. The...
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...
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...
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,...
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....