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Trouble begins because 80 percent of payday loans are rolled over or followed by another loan within 14 days, according to the bureau's research, and half of all loans made are part of a loan
Economy

New regulations on payday lending could shutter businesses

Joseph Lawler -
0
The Rogue Regulator
Magazine

The Rogue Regulator

Ronald L. Rubin -
0

Gingrich goes after consumer data collection

Rudy Takala -
0
The report released by House Republicans details how the CFPB went after auto dealers and auto loan companies who provide financing to car buyers. (AP Photo/John Bazemore, File)
Politics

GOP says feds using ‘junk science’ to attack auto dealers

Susan Ferrechio -
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Two Democratic congressmen are sponsoring a bill that would further stiffen limits on payday loans that target military members or their families. (AP Photo/Ross D. Franklin)
Magazine

Lawmakers target military payday loans

Curt Mills -
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The report casts private servicers like Navient, Genesis Lending and Wells Fargo in a negative light. (Bloomberg/Patrick T. Fallon)
Economy

The companies collecting $370B in student loans don’t help students

Joseph Lawler -
0
The possibility of changes to President Obama's Consumer Product Safety Commission, which is favored by Republicans, drew alarms from the White House. (AP Photo/Evan Vucci)
Economy

GOP seeks to rein in Obama’s finance bureau

Joseph Lawler -
0
There are now 41 million student borrowers collectively owing more than $1.2 trillion. (AP Photo/Carlos Osorio)
Economy

‘Widespread failures’ prompt feds to eye overhaul of $1.2t student loan market

Joseph Lawler -
0
Republican presidential candidate former Florida Gov. Jeb Bush speaks during a town hall meeting at The Music Man Square, Monday, Sept. 21, 2015, in Mason City, Iowa. (AP Photo/Charlie Neibergall)
Campaigns

Jeb Bush takes aim at Dodd-Frank

Joseph Lawler -
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The Consumer Financial Protection Bureau announced Wednesday that it was suing Sprint Corp. for billing customers for unwanted services. (Graeme Jennings/Examiner)
Economy

Consumer bureau overestimating numbers hurt by discrimination

Sean Higgins -
0
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