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Archive 2018-04-10T21:15:48+00:00

The BCFP/CFPB and Installment Lending

November 8th, 2018|Comments Off on The BCFP/CFPB and Installment Lending

PART 3: A New, More Balanced Era for the CFPB?  In the Cordray years, businesses learned that treating consumers honestly and maintaining good compliance programs might not save them from politically motivated CFPB enforcement [...]

Pew: Installments Affordable & “Create Pathway Out of Debt”

October 25th, 2018|Comments Off on Pew: Installments Affordable & “Create Pathway Out of Debt”

A study released last week by the Pew Charitable Trust made some interesting points about the nature of traditional installment lending and its regulation. We welcome Pew’s assertion that installment loan payments create a [...]

Denver Post: “Poor people are stupid and need Proposition 111”

October 2nd, 2018|Comments Off on Denver Post: “Poor people are stupid and need Proposition 111”

A ballot initiative in Colorado that would impose a 36 percent APR limit on payday loans has attracted some tongue-in-cheek comment from Denver Post columnist Jon Caldara. His column is likely to strike a [...]

The BCFP/CFPB and Installment Lending

September 21st, 2018|Comments Off on The BCFP/CFPB and Installment Lending

PART 2: INVESTIGATIONS AND THE “PAYDAY RULE”  Soon after the CFPB was established, its examination of areas it considered sources of concern in financial services resulted in official investigations, with some sources claiming that [...]

Operation Choke Point

September 5th, 2018|Comments Off on Operation Choke Point

The now notorious Justice Department initiative known as Operation Choke Point, began in 2013, reportedly after a long and involved meeting at the White House. It is seen by many as an attempt by [...]

New Installment Lending Frequently Asked Questions!

July 26th, 2018|Comments Off on New Installment Lending Frequently Asked Questions!

We recently developed some Frequently Asked Questions for use in furthering our mission of improving understanding of the nature and value of traditional installment loans. You will see a new  button on the homepage, [...]