Home 2018-01-17T20:21:45+00:00

“Personal installment loans are often a critical lifeline for borrowers with limited credit options, allowing them to pay for unexpected expenses or to consolidate debts.”

- Assistant Attorney General Bill Baer, Justice Department Antitrust Division (2015)

“In both rich and poor countries alike, credit institutions have favored the rich and in so doing, have pronounced a death sentence on the poor… "

- Muhammad Yunus, Banker to the Poor (1999)

“We recognize the need for emergency credit. At the same time, it is important that these products actually help consumers, rather than harm them.”

-Richard Cordray, CFPB, Birmingham, AL (Jan 2013)

“Payday borrowers strongly support requiring the loans to have affordable installment payments.”

- Pew Charitable Trusts

Banks to Enter Small-Dollar Loan Market? Again!

May 3rd, 2018|Comments Off on Banks to Enter Small-Dollar Loan Market? Again!

A recent piece in American Banker by the head of the Consumer Bankers Association (CBA) calls on federal regulators to take action that would allow banks to make small-dollar loans. The article points out recent steps [...]

Spotlight on…. MoneySKILL!

April 2nd, 2018|Comments Off on Spotlight on…. MoneySKILL!

The month of April is Financial Capability Month (Wikipedia), and to mark this we want to share details of the flagship program of our friends at the  American Financial Services Association Education Foundation (AFSAEF), [...]

More on Educating the Media

March 9th, 2018|Comments Off on More on Educating the Media

A week after we posted our previous post on the challenges facing installment lenders stemming from the media’s failure to differentiate between types of small dollar loans, a rash of stories appeared which characterized [...]

Get The Latest Info

Sign up for free regular reports


*We will not share your information with anyone