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New Era for Payday Lending: Regulation, Innovation and the Road Ahead

New Era for Payday Lending: Regulation, Innovation and the Road Ahead With the creation of the Consumer Financial Protection Bureau (CFPB) under the Dodd–Frank Act in 2010, lenders who offer payday loan products fall under the direct supervision of a federal regulatory authority. As we move forward into this era of federal oversight of payday …

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Student Loans Are a Cash Cow for the Federal Government?

Student Loans Are a Cash Cow for the Federal Government? The federal government is making billions of dollars on student loans every year. So why double the interest rate on the loans next year? To boost those profits. The federal government pays tons of money to run its student loan programs, right? The interest rate …

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