When Wells Fargo first rolled out its Flex Loan program, it was heralded by advocates like The Pew Charitable Trusts as evidence that America’s largest banks were finally offering an “affordable” alternative to short-term credit products. Bankrate’s own review of the Flex Loan paints a favorable picture, touting fast approval, lower fees than payday loans, […]
Capping overdraft fees won’t help struggling families, it will cut off their last line of credit.
As CFPB retreats, the new danger is a jumble of state-level mandates.
Good intentions don’t pay the bills. But choice, transparency, and access can.
Why banks, payment networks, merchant servicers, and financial firms will face a harder four years, and what to do about it.
The Southwest Public Policy Institute (SPPI) is proud to announce the unanimous appointment of Zachary Fort to its Board of Directors during the Institute’s quarterly board meeting held Monday, August 11th. Fort’s appointment comes as SPPI recognizes the dedicated service of three outgoing board members—Megan DeLaRosa, Becky Ingoglia, and Patrick O’Brien—whose terms have reached their […]
“Large nonprofit hospital systems have exploited taxpayer subsidies and regulatory loopholes while failing to deliver the public benefit they promise.”
For exceptional achievement in ignoring market realities and promoting policies that backfire spectacularly.
Tara Jaramillo’s payday lending scheme didn’t happen despite New Mexico’s interest rate cap: it happened because of it, with a little help from Fred Nathan and the price-fixing crusaders at Think New Mexico.
Price controls like New Mexico’s 36% APR cap have driven vulnerable workers into the hands of unlicensed lenders.
