The Wall Street Journal says there is a “major crisis” in India’s microlending system. It seems to me that India needs strict regulations similar to payday lending regulations in states.
Categorized | alternatives, international
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- Watch the CFPB’s townhall on checking account overdraft practices tonight
- Did you miss this morning’s field hearing on checking accounts?
- You watching the CFPB’s 2nd Field Hearing?
- Don’t let over-restrictive regulation kill innovation within the short-term credit market
- Do payday lenders really target minorities?
- Video recap of Director Cordray’s remarks at yesterday’s hearing
- Congresswoman Terri Sewell focuses on “bad actors” in TV interview after yesterday’s hearing
- CFSA responds to the CFPB’s hearing on payday lending
- Quote of “yesterday”
- One Alabama customer said her payday loan kept her above water
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Jon Schultz: Cordray should know better than to describe payday...
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Nick Sparagis: I agree. People are people. We all make good and...
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Ty: It depends a lot on the state too. Some states ha...
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cv: I believe that what Jean Chatsky actually said was...
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