Archive

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

USPS and Small Dollar Loans?

July 15th, 2019|Comments Off on USPS and Small Dollar Loans?

Another aspect of the Senator Sanders/Representative Ocasio-Cortez Bill (see recent post) that rings alarm bells for all those interested in sound public policy, is its inclusion of yet another plan to move the U.S. Postal [...]

More on APR Caps as Bad Public Policy

June 26th, 2019|Comments Off on More on APR Caps as Bad Public Policy

Following up from our recent post on APR caps, showcasing the American Financial Services Association’s position on caps as a tool for regulating small-dollar loans, we have another article on the subject in The [...]

Himpler: Rate Caps Would Create Adverse Unintended Consequences

June 6th, 2019|Comments Off on Himpler: Rate Caps Would Create Adverse Unintended Consequences

A recent opinion piece by Bill Himpler, President of the American Financial Services Association (AFSA), make some very good points about the nature of interest caps on small-dollar loans and the unintended consequences when [...]

NILA Applauds House Adoption of H.RES 327

May 16th, 2019|Comments Off on NILA Applauds House Adoption of H.RES 327

The end of last month (April) saw the introduction in the US House of Representatives of a Resolution encouraging greater public-private sector collaboration to promote financial literacy for students and young adults. H.Res 327 [...]

US House Hearing on Small Dollar Credit Industry

May 7th, 2019|Comments Off on US House Hearing on Small Dollar Credit Industry

Last Tuesday (April 30), the House Financial Services’ Subcommittee on Consumer Protection and Financial Institutions convened a hearing entitled, “Ending Debt Traps in the Payday and Small Dollar Credit Industry.” The meeting focused on payday [...]

moneySKILL Update!

April 29th, 2019|Comments Off on moneySKILL Update!

As we near the end of Financial Capability Month, we've checked in with our colleagues at the AFSA Education Foundation (AFSAEF) for an update on the moneySKILL program that we previously visited last April. [...]