Military Lending Act Limits Access to Credit (Study Report)
A recent report by the Urban Institute, finds that [...]
The Facts about APR Caps (aprfacts.org)
One of the biggest challenges for traditional installment lenders [...]
Bank of America’s Payday Loan and APR Cap Inadequacy
We have written before about the periodic announcements by [...]
Fed Article Acknowledges that APR Caps Harm Consumers
An article released last Wednesday (August 12, 2020) by [...]
Guest Post: Cognitive Dissonance and APR Caps
By Andrew Morrison, Sun Loan Company There was an [...]
STUDY REVIEW: How Do Small-Dollar Nonbank Loans Work?
In the first of a series of posts reviewing [...]
APR caps are a deeply flawed regulatory tool….
Under the Truth-in-Lending Act (TILA), the purpose of the Annual [...]
NPR Confused by APR
A recent story on National Public Radio (NPR) on [...]
Himpler: Rate Caps Would Create Adverse Unintended Consequences
A recent opinion piece by Bill Himpler, President of [...]
Straight Talk from an Installment Lender (Part 2)
In this four-part series, Andrew Morrison, a NILA member [...]