RESEARCH & SURVEYS Display items from the last: All Week Month Year NEW FEDERAL RESERVE REPORT FINDS MILLIONS OF AMERICANS STRUGGLE TO COVER UNEXPECTED EXPENSES May 23, 2018 | Press Releases The Federal Reserve this week released a new report on the economic well-being of U.S. households in 2017. The report highlights that even with improved financial conditions over the past five years, 40 percent of Americans either could not cover or would struggle to cover an unexpected expense of $400. ... READ MORE NEW SURVEY: BORROWERS ARE FAR MORE FAVORABLE TOWARD PAYDAY LOANS THAN VOTERS WITHOUT EXPERIENCE July 17, 2017 | Press Releases Washington, D.C. – New survey research released today by premier polling firms Global Strategy Group (D) and the Tarrance Group (R) ... READ MORE THE OUTCOMES FOR CONSUMERS OF DIFFERING APPROACHES TO THE REGULATION OF SMALL DOLLAR LENDING January 9, 2017 | Research & Surveys Policis, a London based think-tank focused on evidencebased policy making, explores the research questions of whether or not regulators achieve ... READ MORE ECONOMIC IMPACT ON SMALL LENDERS OF THE PAYDAY LENDING RULES UNDER CONSIDERATION BY THE CFPB October 7, 2016 | Research & Surveys This study includes an evaluation of the impact on the payday lending supply of credit, associated revenues and the profitability of larger storefront ... READ MORE EVALUATING CFPB SIMULATIONS OF THE IMPACT OF PROPOSED RULES ON STOREFRONT PAYDAY LENDING September 21, 2016 | Research & Surveys This paper evaluates the CFPB’s simulation findings, using a different, larger dataset than that chosen by the CFPB, a dataset that also includes debt service and ... READ MORE PAYDAY LOAN BORROWER AND VOTER SURVEYS METHODOLOGY March 1, 2016 | Research & Surveys The research illustrates voters and borrowers view payday loans and their regulation very differently.... READ MORE NEW YORK FED: REFRAMING THE DEBATE ABOUT PAYDAY LENDING October 19, 2015 | Research & Surveys A New York Federal Reserve official and three distinguished academics examined the objective research to see if the criticisms of payday loans by those who do not use the product, including many law professors, consumer advocates, journalists and policymakers, are justified. The author’s review of the academic materials shows many “elements of the payday lending critique…don’t hold up under scrutiny and the weight of evidence.” ... READ MORE ASSESSING THE OPTIMISM OF PAYDAY LOAN BORROWERS January 1, 2013 | Research & Surveys A 2013 study by Professor Ronald Mann of Columbia Law School found that most payday loan consumers were able to pinpoint exactly how long it would take for them to pay off their loan. In fact, contrary to the “cycle of debt” rhetoric that many critics employ, just as many borrowers paid off their debt sooner than expected as did later than expected. ... READ MORE NEWS BY TOPIC Access to Credit State and Local Regulations Federal & CFPB Regulations A National Registry of Lenders Operation Chokepoint Consumer Credit Wire Research & Surveys Other In The News Press Releases Commentary CFSA Commentary Relevant News CFSA + FiSCA: A new name for a new alliance. To become a member of INFiN click here. © 2021 CFSA. ALL RIGHTS RESERVED | PRIVACY POLICY | CONTACT