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Consumer Loans

CFPB Proposes Big Step Forward With Curbs on Forced Arbitration

Nan Aron | Posted 10.27.2016 | Politics
Nan Aron

We commend the CFPB for moving to prohibit class-action bans. But the agency should go further and ban forced arbitration entirely wherever it has the power to do so.

2013 Credit and Lending Trend Predictions

Adrian Nazari | Posted 04.02.2013 | Business
Adrian Nazari

Over the past few years, the state of the credit world has been tumultuous, from the enactment of the CARD Act to the recent addition of surcharge fees. So what credit and lending industry trends can consumers expect in 2013?

Today Is the Day to Cut Up Your Credit Cards

Don McNay | Posted 05.25.2011 | Business
Don McNay

When three people who know about money go to the extreme of not owning any credit cards, others might want to take note.

TARP Repayments May Not Help Consumers

Jun. 9, 2009 | Colin Barr, Senior Writer | Posted 05.25.2011 | Business

NEW YORK (Fortune) -- Don't expect TARP-free banks to unleash a torrent of loans to cash-strapped consumers. The Treasury Department told ten big b...

Federal Program To Boost Private Lending Struggles To Get Money To Consumers

Washington Post | Neil Irwin | Posted 05.25.2011 | Business

In its first two months, the government's signature initiative to support consumer lending has fallen well short of expectations, deploying only a fra...