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

Straight Talk from an Installment Lender (Part 2)

July 17th, 2018|0 Comments

In this four-part series, Andrew Morrison, a NILA member from Sun Loan Company, deliberates on wrong-footed policymaking, unintended consequences and the importance of safe, affordable small-dollar credit….. PART 2: IT’S STRUCTURE THAT MATTERS, NOT [...]

The BCFP/CFPB and Installment Lending

July 11th, 2018|Comments Off on The BCFP/CFPB and Installment Lending

PART 1: ESTABLISHING THE CFPB  The establishment of the Consumer Financial Protection Bureau (CFPB) in 2010 meant that traditional installment lenders, among other groups, had to rapidly raise their game in terms of interaction [...]

Straight Talk from an Installment Lender (Part 1)

June 4th, 2018|Comments Off on Straight Talk from an Installment Lender (Part 1)

In this four-part series, Andrew Morrison, a NILA member from Sun Loan Company, deliberates on wrong-footed policymaking, unintended consequences and the importance of safe, affordable small-dollar credit….. PART 1: RATES AND RATE CAPS ARE [...]

NOBEL/Women Identify Role for Banks in Underserved Communities

May 22nd, 2018|0 Comments

In January, we posted a piece highlighting a resolution passed by NOBEL/Women, supporting traditional installment loans. A second resolution has also passed, this time focused onMAKING MAINSTREAM LENDING AVAILABLE AND ACCESSIBLE IN UNDERSERVED COMMUNITIES. This [...]

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), [...]