Consultant Jer Trihouse explains why guidelines could cripple the payday lending environment.
Agency's guidelines will make it impossible for service providers to operate in the payday lending space.
Credit unions take a reserved approach as the CFPB releases its initial payday lending guidelines.
The bureau's initial proposal is based on NCUA payday lending reg.
In a congressional hearing, Cordray says he does not tell consumers what to do.
SAN DIEGO — The $2B WSECU discovers members were writing $1M in money orders to payday lenders.
Bureau reiterates focus on payday lending, concerned consumers are getting trapped in the loans.
The $135M Landings Credit Union finds continued success in micro loan promotions.
DETROIT – Payday loans paid off in installments rather in one lump sum are significantly less expensive for consumers, carry less rollover for borrowers, and result in a smaller payday loan industry.
Tom Nix shares why it was easier to sell his check cashing firm to a credit union instead of a bank.