Tags » PayDay Lending
'Financial Choice Act 2.0' Would Eliminate Government's Ability To Go After Shady Payday Loan Operations
Even though recent surveys indicate that the overwhelming majority of Americans want more regulation of payday lending, federal lawmakers are attempting to strip the Consumer Financial Protection Bureau of any authority over these short-term, high-cost loans. 810 more words
The federal government in the US is developing pioneering rules focused on the short-term, small-sum credit called as payday lending.
Though it appears to be an excellent idea, the plan proposed by the Consumer Financial Protection Bureau is not the method to do it. 419 more words
Although you wouldn’t think that the history of banking would be exciting, much less the stuff of a musical, Baradaran presents a compelling narrative about how and why we got to the place where we are so far from the democratization of credit that our founders envisioned (and pretty much enacting the fears they anticipated). 145 more words
Special Guests: Robert Handy and Lady Carlson