Regulation

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Bankers Declare Opposition to Proposed 36 percent APR Caps

A July 23 letter to the US Senate Banking [...]

NILA Comment on Senate Banking Committee Rate Caps Hearing

On July 29, the US Senate banking committee held [...]

2021-08-04T20:59:41+00:00 August 3rd, 2021|Categories: News, Regulation|Tags: , , , , , |Comments Off on NILA Comment on Senate Banking Committee Rate Caps Hearing

Jamie Dimon and Jane Fraser: Doubts about 36% Rate Cap  

In a May 27 Virtual Hearing of the US [...]

2021-06-16T14:24:10+00:00 June 16th, 2021|Categories: News, Regulation|Tags: , , , , , , , , , , , , |Comments Off on Jamie Dimon and Jane Fraser: Doubts about 36% Rate Cap  

AFSA Files Lending Lawsuit in Illinois

On June 2 the Illinois Financial Services Association and [...]

2021-06-16T13:36:55+00:00 June 16th, 2021|Categories: News, Regulation|Tags: , , , , , , , , , , , , |Comments Off on AFSA Files Lending Lawsuit in Illinois

APR Rules on Short-Term Loans are Misleading (Boston Herald)

A recent opinion piece in the Boston Herald underscored [...]

2021-06-16T13:37:37+00:00 June 3rd, 2021|Categories: News, Regulation|Tags: , , , , , , , , , , |Comments Off on APR Rules on Short-Term Loans are Misleading (Boston Herald)

Illinois Lending Law: “Gonna really hurt a lot of people.”

The Illinois "Predatory Loan Prevention Act" has closed has [...]

2021-06-16T13:18:13+00:00 May 28th, 2021|Categories: News, Regulation|Tags: , , , , , , , , , , , |Comments Off on Illinois Lending Law: “Gonna really hurt a lot of people.”

Illinois Predatory Loan Prevention Act: “I’ve got a lot of hospital bills”

The Illinois "Predatory Loan Prevention Act" has closed has closed [...]

2021-06-16T13:19:18+00:00 May 24th, 2021|Categories: News, Regulation|Tags: , , , , , , , , , , |Comments Off on Illinois Predatory Loan Prevention Act: “I’ve got a lot of hospital bills”

Illinois Predatory Loan Prevention Act: “…is going to hurt a lot of people”

The Illinois "Predatory Loan Prevention Act" has closed has [...]

2021-06-16T13:20:34+00:00 May 21st, 2021|Categories: News, Regulation|Tags: , , , , , , , , , , |Comments Off on Illinois Predatory Loan Prevention Act: “…is going to hurt a lot of people”

Illinois Predatory Loan Prevention Act: “…will affect anyone who is trying to… get on their feet”

Our fourth video in a series, giving former users [...]

2021-06-14T16:34:01+00:00 May 19th, 2021|Categories: News, Regulation|Tags: , , , , , , , , , , |Comments Off on Illinois Predatory Loan Prevention Act: “…will affect anyone who is trying to… get on their feet”

Illinois Lending Law: “Small loans help me build my credit up & reach my goals”

In the third  of a series of videos of [...]

2021-06-16T13:22:11+00:00 May 17th, 2021|Categories: News, Regulation|Tags: , , , , , , , , |Comments Off on Illinois Lending Law: “Small loans help me build my credit up & reach my goals”