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CFC Commentary
A Year of Challenge for Congress
Given the recent meltdown in the country's financial services industry, we can expect regulatory reform to be a priority for Congress and the incoming Obama administration. While some reforms are no doubt needed to curb the more egregious abuses that occurred, it is important that the desire to "fix the problem" does not create adverse, unintended consequences. Read More »
Consumers In Ohio Will Be Harmed By Recent Legislation Effectively Banning Payday Loans
GAO study on banking fees
Federal Reserve Bank of New York Payday Holiday: How Households Fare After Payday Credit Bans (PDF)
Letter to the DOD regarding implementation of the "Talent Amendment" regulating small dollar, short term loans (PDF)
Letter to the FDIC regarding its draft guidelines on small dollar loans (PDF)
Coalition for financial choice advocates for basic rights in financial services for all consumers (PDF)
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