This report provides a synopsis of this small-dollar consumer financing markets and relevant policy issues

This report provides a synopsis of this small-dollar consumer financing markets and relevant policy issues

It offers different small-dollar loan item information, item use information, and market metrics. The report additionally discusses present federal and state regulatory approaches to customer security in lending areas, followed closely by a summary for the CFPB that is recent proposal policy implications. It then examines rates characteristics when you look at the small-dollar financing market.Read More