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

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 [...]

Educating the Media on Installment Loans

February 28th, 2018|Comments Off on Educating the Media on Installment Loans

A recent story in the Wall Street Journal, which detailed decisions at the Consumer Financial Protection Bureau (CFPB) to review its rule for payday lenders and call off its investigation into a NILA member [...]

The CFPB has Pushed its Last Envelope 

January 29th, 2018|Comments Off on The CFPB has Pushed its Last Envelope 

Last week an opinion piece appeared in the Wall Street Journal written by the Acting Director of the Consumer Financial Protection Bureau (CFPB), Mick Mulvaney. The piece, entitled The CFPB has Pushed its Last Envelope, [...]

NOBEL/Women Resolution Supports Traditional Installment Loans

January 16th, 2018|Comments Off on NOBEL/Women Resolution Supports Traditional Installment Loans

A resolution adopted recently by the National Organization of Black Elected Legislative/Women (NOBEL/Women) speak to this respected organization’s support for traditional installment loans. A RESOLUTION PROMOTING THE ENACTMENT OF DEFINITIONS FOR SAFE AND AFFORDABLE LENDING [...]