Research and Surveys

In The News: Listen to History, Borrowers to understand impact of proposed rate caps

February 23, 2020 | CFSA Commentary

By D. Lynn DeVault
When developing policy, it’s common sense to listen to those who stand to be the most impacted. Yet attempts to enact a 36 percent annual interest rate cap on short-term, small-dollar loans are being guided by outside interest groups with little regard for the consequences or the financial realities of many Americans. ...

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The Hill: Bill Himpler: Let's not hinder consumers' access to credit

February 8, 2020 | Relevant News

Well-intentioned but misguided regulatory efforts too often end up making things worse, not better, for the very people the policies aim to help. Let’s not make that mistake by hindering consumers’ access to credit....

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In The News: Interest Loan Caps Have a Record of Failure

January 24, 2020 | CFSA Commentary

Rather than restricting access to loans that customers value and forcing them into worse outcomes, policymakers should work toward real financial inclusion and ensure that all Hoosiers have access to legal and licensed sources of credit. ...

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In The News: Not All Small-Dollar Lenders Are The Same

January 11, 2020 | CFSA Commentary

In 2020, the CFPB and Congress should work to protect access to licensed and regulated lenders and focus on tackling the very real problem of unlicensed, unregulated, illegal or otherwise unscrupulous lenders trying to take advantage of Utahns....

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CFSA Statement on New CFPB Report on Financial Well-Being by State

November 14, 2019 | Press Releases

It is not surprising to see that nearly 57 percent of Americans would struggle to bridge a financial gap or pay an unexpected expense of $2,000. One of the many reasons millions of Americans choose to use small-dollar loans every year is to bridge financial gaps. ...

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Introducing The Inside Credit Conference | Register Now

August 29, 2019 | Access to Credit

Inside Credit is a conference for lenders, financial services experts and thought leaders to collaborate on innovative solutions to meet the unique credit needs of underserved communities. Register now!...

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Tens of Thousands of Handwritten Comments Support Reconsideration of Small-Dollar Lending Rule

May 16, 2019 | Press Releases

Vast majority of overall comments support reconsideration, urge CFPB to protect access to credit...

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CFSA Submits Statement for the Record on House Financial Services Committee Hearing

April 30, 2019 | Federal & CFPB Regulations

CFSA Submits Statement for the Record on House Financial Services Committee Hearing...

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