Payday Loan Facts and the CFPB’s Impact (2024)

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Payday Loan Facts and the CFPB’s Impact

Payday Loan Facts and the CFPB’s Impact (1)
Payday Loan Facts and the CFPB’s Impact (2)

Issue BriefJuly 6, 2015

Understanding the CFPB Proposal for Payday and Other Small Loans

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Payday Loan Facts and the CFPB’s Impact (3)

Issue BriefJuly 6, 2015

Understanding the CFPB Proposal for Payday and Other Small Loans

The Consumer Financial Protection Bureau (CFPB) has issued a proposed framework for regulating payday and auto title loans, the first step toward precedent-setting federal rule- making to address the most harmful aspects of high-cost, small-dollar loans.

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Issue BriefJuly 28, 2015

CFPB Proposal for Payday and Other Small Loans: A Survey of Americans

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Payday Loan Facts and the CFPB’s Impact (6)

Issue BriefJuly 28, 2015

A survey of Americans

Payday Loan Facts and the CFPB’s Impact (7)
Payday Loan Facts and the CFPB’s Impact (8)

Fact SheetApril 10, 2014

How State Rate Limits Affect Payday Loan Prices

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Payday Loan Facts and the CFPB’s Impact (9)

Fact SheetApril 10, 2014

Storefront payday loans are available in 36 states. Borrowers in some of them pay twice as much for the same loans that comparable customers get in other states.

Payday Loan Facts and the CFPB’s Impact (10)
Payday Loan Facts and the CFPB’s Impact (11)

ArticleJune 2, 2016

Federal Rules for Small Loans

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Payday Loan Facts and the CFPB’s Impact (12)

ArticleJune 2, 2016

The Consumer Financial Protection Bureau (CFPB) has issued a proposed framework to regulate payday and similar high-cost, small-dollar loans. Overall, the proposal could transform the market in positive ways by requiring most products to become installment loans with smaller, more manageable payments and providing safeguards for consumers.

Payday Loan Facts and the CFPB’s Impact (13)Payday Loan Facts and the CFPB’s Impact (14)

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Payday Loans — And How to Fix Them

Payday Loan Facts and the CFPB’s Impact (15)
Payday Loan Facts and the CFPB’s Impact (16)

OpinionJanuary 7, 2016

Regulators Should Let Banks Get Back to Small-Dollar Loans

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OpinionJanuary 7, 2016

The payday loan market is past due for reform. Implemented correctly, new regulatory standards will help payday loan borrowers by making these loans safer and more affordable, as well as pave the way for better, lower-cost installment loans from banks.

Payday Loan Facts and the CFPB’s Impact (2024)

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