CFPB Says Employer-Backed Earned Wage Access Is Not Credit
The Consumer Financial Protection Bureau said on December 23, 2025 that certain employer-partnered earned wage access (EWA) products are not "credit" under the Truth in…
Yearly Archive
Archive: 2025
Wisconsin Bills Would Cap Payday and Installment Loans at 36%
A bipartisan group of Wisconsin lawmakers introduced bills in early December 2025 that would cap the annual percentage rate on payday and installment loans at 36% — a state where…
FTC Halts "Accelerated Debt" Relief Operation
The Federal Trade Commission moved on July 21, 2025 to shut down a debt-relief operation marketed as "Accelerated Debt," alleging it deceived consumers — including…
CFPB Won't Prioritize Enforcing Payday Loan Payment Rule
The Consumer Financial Protection Bureau said it will not prioritize enforcing two key parts of its payday lending rule, easing pressure on short-term lenders.
Report: Car-Title Lenders Operating Illegally in 22 States
Car-title lenders are doing business in 22 states and the District of Columbia that prohibit the loans , according to a Center for Responsible Lending research brief released…