Research and Surveys

Illegal Obama-Era Program Rebuked as Federal Court Green-Lights Lawsuit Against Government

July 6, 2017 | Press Releases

ALEXANDRIA, VA – The U.S. District Court for the District of Columbia yesterday issued a stinging rebuke of the Obama administration’s ...

Small-dollar lending filling real need for Americans

May 30, 2017 | Consumer Credit Wire

In a recent ReasonTV video interview, University of Pennsylvania professor Lisa Servon told the story of her experiences working in several positions at nonbank financial services firms, including at a small-dollar lender, to explore the reality of living paycheck to paycheck – a reality that over 75 percent of Americans face. ...

A Victory for Transparency as Court Orders Discovery in Operation Choke Point Lawsuit

May 10, 2017 | Press Releases

Alexandria, VA – The Community Financial Services Association of America (CFSA) released the following statement regarding a decision by...

Commission Structure Only Way To Guarantee An Independent CFPB

February 15, 2017 | Consumer Credit Wire

In recent weeks, calls to reform the Consumer Financial Protection Bureau (CFPB) have come to a head. Proponents of CFPB reform have suggested numerous ways to restructure the Bureau to make it a more accountable and non-partisan federal agency, particularly by placing the Bureau under the leadership of a bipartisan commission subject to congressional appropriations.
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CFPB: An Ideological Federal Agency That Must Be Reformed

February 1, 2017 | Consumer Credit Wire

This week’s Consumer Credit Wire is a look at the Consumer Financial Protection Bureau and the way ideology and partisanship guide its operations and decision-making. In a recent National Review piece, former CFPB enforcement attorney Ron Rubin wrote firsthand about the partisan bent that pervades the Bureau. ...

Six Plaintiffs Join Advance America Complaint Against Federal Government’s 'Operation Choke Point'

January 13, 2017 | Press Releases

On January 11, 2017, six new plaintiffs joined Advance America in asking the Court for emergency relief from unlawful regulatory actions ...

Short-Term Credit Consumers Detail Problems With Proposed CFPB Rule

January 12, 2017 | Consumer Credit Wire

As we enter a New Year, the CFPB continues to deliberate its deeply flawed proposed rule to regulate short-term lending that will deny millions of Americans access to credit. Last fall, more than one million of these consumers spoke out against the rule during the public comment period and recounted their personal stories about short-term credit helping them....

The Outcomes for Consumers of Differing Approaches to the Regulation of Small Dollar Lending

January 9, 2017 | Research & Surveys

Policis, a London based think-tank focused on evidencebased policy making, explores the research questions of whether or not regulators achieve ...