by Jeremy Webster | May 14, 2019 | Mercatus Center Publications
We appreciate the opportunity to respond to the Bureau of Consumer Financial Protection’s (Bureau) proposed rule governing payday, vehicle-title, and certain high-cost installment loans. The Mercatus Center at George Mason University is dedicated to bridging the gap...
by Jeremy Webster | Apr 24, 2019 | Mercatus Center Publications
Millions of Americans rely on small-dollar, non-bank-supplied credit products: payday, pawn, vehicle title, and personal installment loans from finance companies. Many features of these vital products, however, are not well understood. This book contains explanations...
by Jeremy Webster | Mar 27, 2019 | Mercatus Center Publications
Recently the Consumer Financial Protection Bureau (CFPB) proposed to reexamine the role of payday lenders, which are consistently cast as the villains of the financial industry. Such a depiction makes it easy to forget that these lenders are helping millions of...
by Jeremy Webster | Mar 19, 2019 | Mercatus Center Publications
Thomas Miller writes on a new regulatory proposal by the Consumer Financial Protection Bureau regarding payday lenders. Read more at Mercatus.org
by Jeremy Webster | Dec 12, 2018 | Mercatus Center Publications
New and returning members of a soon-to-be divided Congress might be tempted to heed the words of the late Sen. Russell B. Long (D-La.), who once summed up tax reform nicely: “Don’t tax you. Don’t tax me. Tax that fellow behind the tree.” Read more at...
