Archive

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

Guest Post: Cognitive Dissonance and APR Caps

July 28th, 2020|Comments Off on Guest Post: Cognitive Dissonance and APR Caps

By Andrew Morrison, Sun Loan Company There was an excellent article in The Atlantic this month on The Role of Cognitive Dissonance in the Pandemic. Its focus, naturally, was on the refusal among certain [...]

WSJ: SCOTUS’ Missed Opportunity on CFPB

July 21st, 2020|Comments Off on WSJ: SCOTUS’ Missed Opportunity on CFPB

A recent US Supreme Court ruling on the Consumer Financial Protection Bureau (CFPB) was the subject of a critical editorial in the Wall Street Journal (WSJ) (The Court’s Missed Opportunity on Consumer Financial Protection, [...]

CFPB Payday Rule Revision

July 13th, 2020|Comments Off on CFPB Payday Rule Revision

The release last week (July 7, 2020) of the Consumer Financial Protection Bureau’s  final “Payday, Vehicle Title, and Certain High-Cost Installment Loans” rule is significant in that it removes the "ability to repay" provisions that [...]

STUDY REVIEW: How Do Small-Dollar Nonbank Loans Work?

June 16th, 2020|Comments Off on STUDY REVIEW: How Do Small-Dollar Nonbank Loans Work?

In the first of a series of posts reviewing studies that are particularly helpful in understanding the nature and role of Traditional Installment Loans, we examine the 2019 study How do Small-Dollar Nonbank Loans [...]

COVID-19 Resources for Borrowers

May 12th, 2020|Comments Off on COVID-19 Resources for Borrowers

TOP US GOVERNMENT WEBSITES Visit these federal government websites for current information about the coronavirus (COVID-19) and how to take steps to protect yourself and your family: Latest Official Information (Coronavirus Task Force) Frequently [...]

Borrower Assistance During the Pandemic

May 5th, 2020|Comments Off on Borrower Assistance During the Pandemic

NILA members understand that we serve a section of society that has been particularly hard-hit by the economic consequences of public policy aimed at managing the COVID-19 pandemic. Many of those we serve have [...]