CFSA represents the policy interests of its member companies and their small-dollar loan customers on various policy issues at the local, state, and federal levels. All CFSA members are state licensed and regulated, and must adhere to CFSA’s industry-leading best practices.
|Access to Credit||State & Local Regulations||Federal & CFPB Regulations|
|National Registry of Lenders||Operation Chokepoint|
CFSA congratulates Kathy Kraninger on her nomination to serve as CFPB Director. The CFPB needs a Director who will listen to consumers and rely on unbiased data and research to guide its work. Ms. Kraninger is a longtime public servant and we hope that under her leadership the Bureau fulfills its intended mission as a truly independent, non-partisan agency that serves American consumers....
June 18, 2018
The Federal Reserve this week released a new report on the economic well-being of U.S. households in 2017. The report highlights that even with improved financial conditions over the past five years, 40 percent of Americans either could not cover or would struggle to cover an unexpected expense of $400. ...
May 23, 2018