The Pew Charitable Trusts
View in web browser
The Pew Charitable Trusts
Consumer Financial Security
Bank Regulators Set to Make Decisions on Small Loans
Federal regulators may pursue joint action that could give banks the clarity needed to offer installment loans with prices about six times lower than payday loans.
WHAT'S AT STAKE
Why Small Loan Standards Are Needed
For too long, consumers who are struggling have had poor options when they seek to borrow small sums of money. Using this research, regulators can ensure that banks and credit unions are able to offer affordable, safe choices.
CRITERIA FOR SUCCESS
FACT OF THE MATTER
81% The share of payday loan borrowers who would prefer to borrow from a bank or credit union
See stats and charts
IN THE MEDIA
Why Consumers Need Digital Banks to Be Better, Not Just Cheaper
PYMNTS.COM
Right to Reject JPMorgan Chase Binding Arbitration Expires Soon for Credit Card Holders
USA TODAY
For more information on consumer financial security
VISIT OUR SITE
Twitter Instagram Facebook LinkedIn
This email was sent to

901 E Street NW, Washington, DC 20004-2008
Copyright © 2022 The Pew Charitable Trusts. All Rights Reserved.

Manage Your Subscriptions
Contact  |  Privacy  |  Unsubscribe