- About CFSA
- Policy Makers
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. ...
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....
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. ...
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....
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. ...
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!...
May 16, 2019 | Press Releases
Vast majority of overall comments support reconsideration, urge CFPB to protect access to credit...
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
Washington, D.C. – New survey research released today by premier polling firms Global Strategy Group (D) and the Tarrance Group (R) ...
July 17, 2017