Small Dollar Loan Program award recipients announced
The Community Development Financial Institutions Fund today awarded more than $11.4 million in grants to 66 community development financial institutions ...
Tag: Small-dollar credit
CDFI Fund now accepting applications for small-dollar lending program funds
The Community Development Financial Institutions Fund today opened its funding round for fiscal year 2022 funding for its small-dollar loan ...
ABA, trade groups call for increase in CDFI Fund’s FY23 budget
ABA and four other trade groups today urged House and Senate appropriations leaders to continue bipartisan support for the CDFI ...
Hsu Repeats Overdraft Warning in American Banker Op-Ed
Acting Comptroller of the Currency Michael Hsu today reiterated the controversial warning he first issued to banks earlier this month ...
ABA, Trade Groups Urge Continued Bipartisan Support for CDFI Funding
The American Bankers Association and four other trade groups today urged House and Senate appropriations leaders to continue bipartisan support ...
ABA Supports Strengthening CDFI Fund’s Small Dollar Loan Program
In a comment letter submitted on Friday, the American Bankers Association expressed support for strengthening the Community Development Financial Institutions ...
Fifth Circuit Extends Stay of Compliance Date of 2017 Payday Rule
A federal appellate court last week extended the compliance date of the CFPB’s 2017 payday rule until 286 days after ...
Court Denies Payday Lenders’ Challenge to CFPB Small-Dollar Rule, Sets Compliance Date
A federal district court on Tuesday denied payday lenders’ challenge to the CFPB’s 2017 small-dollar lending rule.
Financial Trades: 36% Fee and Rate Cap Could Constrain Credit
A coalition of financial trade groups including ABA today urged Senate Banking Committee members to reject any legislative proposal that ...
CFPB Task Force Releases Report on Improving Consumer Protection in Financial Marketplace
The Consumer Financial Protection Bureau’s Task Force on Federal Consumer Financial law today issued an extensive, two-volume report providing an ...
