Payday Pundit

News and Information About The Payday Lending Industry

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Entries Tagged as 'Institute for American Values'

New Report: Confronting the Debt Culture

May 13th, 2008 · 2 Comments

At a conference held today in Washington, D.C., a report including reccomendations for addressing the “culture of debt” was released.
CFSA President D. Lynn DeVault had this to say in a press release:
“While the intentions are good, the recommendations in the report demonstrate the complexity of small-dollar, short-term credit offerings and their costs.  So-called ‘solutions’ such […]

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Tags: Institute for American Values · industry critics

Are payday loans really “debt culture?”

May 7th, 2008 · No Comments

With all the excitement surrounding Ohio’s rally supporting the payday loan industry, the Pundit neglected to mention a press release from the Institute for American Values on Monday.  Their new campaign is titled “Confronting Debt Culture” and takes aim at what they refer to as “anti-thrift institutions.” 
 The release (which somehow links payday lending with the […]

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Tags: Institute for American Values · industry critics