Regulation of installment loans varies widely by state

Oct 18, 2018
A new report from Pew Charitable Trusts finds that nearly 10 million Americans turn to consumer finance companies for short-term installment loans when they need quick cash. But just how much they pay in finance charges can add up depending on how their state regulates lenders. Here’s why some groups are calling for stricter rules […]

Regulation of installment loans varies widely by state

Oct 18, 2018
A new report from Pew Charitable Trusts finds that nearly 10 million Americans turn to consumer finance companies for short-term installment loans when they need quick cash. But just how much they pay in finance charges can add up depending on how their state regulates lenders. Here’s why some groups are calling for stricter rules […]

Is Kathy Kraninger qualified to run the CFPB?

Jul 18, 2018
The Senate Banking Committee is scheduled to hold a hearing Thursday on Kathleen Kraninger, President Donald Trump’s nominee to head the Consumer Financial Protection Bureau. The nomination is controversial because Kraninger has no consumer finance experience. Her work has been at the Office of Management and Budget, helping oversee homeland security. And her tenure there raises […]

How GOP will target Consumer Financial Protection Bureau

Nov 21, 2016
The consumer agency has been a long-time foe of the party and of banks.
Director of the Consumer Financial Protection Bureau Richard Cordray waits for the beginning of a hearing before the Senate Banking, Housing and Urban Affairs Committee earlier this year on Capitol Hill in Washington, D.C.
Alex Wong/Getty Images

Federal court decides against consumer watchdog agency

Oct 11, 2016
The CFPB's structure was found unconstitutional.

American Express under pressure after low earnings report

Jan 22, 2016
American Express is being squeezed by more demanding consumers and greater competition.

Who's at fault for credit fraud: Company or consumer?

May 16, 2014
David Lazarus tells us a story of one woman's unidentifiable credit card charges.

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