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

The Facts about APR Caps (aprfacts.org)

January 20th, 2021|Comments Off on The Facts about APR Caps (aprfacts.org)

One of the biggest challenges for traditional installment lenders in speaking to policymakers about industry regulation is explaining the nature of Annual Percentage Rates (APR). Price caps that use APR for measuring the supposed [...]

Study Review: Preserving and Expanding Consumer Access to Credit (Mercatus)

December 23rd, 2020|Comments Off on Study Review: Preserving and Expanding Consumer Access to Credit (Mercatus)

We have chosen to include 2016 testimony before the US House Committee on Financial Services in our series on influential or useful studies. This is because the source (the Mercatus Center at George Mason [...]

Guest Post: The Democratic Party’s Biggest Weakness

December 11th, 2020|Comments Off on Guest Post: The Democratic Party’s Biggest Weakness

By Andrew Morrison, Sun Loan Company An excellent and provocative article by David Leonhardt in the NYT this week, looks at the gains made by Republicans among minority working class voters and identifies the [...]

Going Postal? Cato Institute on Post-Office Banking

November 30th, 2020|Comments Off on Going Postal? Cato Institute on Post-Office Banking

A fascinating blog post by Diego Zuluaga at the Cato Institute, discusses what the writer calls the recent “surprising rehabilitation” of Post Office banking - the idea that the United States Postal Service (USPS) [...]

Bank of America’s Payday Loan and APR Cap Inadequacy

November 23rd, 2020|Comments Off on Bank of America’s Payday Loan and APR Cap Inadequacy

We have written before about the periodic announcements by banks that they are now offering a small dollar loan product. We read of the latest in the Charlotte Observer, which ran a story about [...]

Guest Post: The Importance of Financial Literacy

October 27th, 2020|Comments Off on Guest Post: The Importance of Financial Literacy

By Olivia DiBiase Personal financial literacy is critical to succeed in today’s world, but study after study shows that many Americans are in need of a deeper understanding of core financial concepts. While there is an abundance of [...]