Key Takeaway from CFPB Survey: Struggling Americans Need Banks for Short-Term Options
CBA chief says the CFPB's report that finds more than 40% of Americans struggled to pay their bills at some point during 2016 means there is a need to ensure that the CFPB doesn't force banks out of the short-term, small-dollar loan market. The next alternative is payday lenders. [9/29/17]