US Regulatory Climate: FICO’s Top 5 Regulatory Watch List for 2016 – For Members Only
We received this interesting summary from FICO’s Daniel Nestel. In our opinion he is not far from...
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Tag: Payday Lending
Payday Lenders: Survival Hinges on Risky Loans and Fees
The Financial Times reported recently that new tough regulations threaten to extinguish nearly all...
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Consumer Financial Protection Bureau: Honing in on Payday Loans and Prepaid Cards
The Consumer Financial Protection Bureau (CFPB) is researching and considering whether rulemaking...
Read MoreUK Regulator to Clean Up Payday Lending Industry
New Payday Loan Rules Come Into Force New rules that came into force on in the UK to limit payday lenders to two so-called “rollovers” – a common practice where loans are extended and fees charged if a customer fails to repay....
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The Wonga Debt Collection Scandal I
Wonga, a UK based payday lender, has been forced to compensate thousands of customers for sending...
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