Blog
Navient Files for Summary Judgement in Meritless CFPB Case
On May 19, student loan servicer Navient filed for summary judgement on a CFPB lawsuit started over three years ago. In the filing, Navient urged…
ACA International
From the Web: How the HEROES Act Constrains Debt Collection to the Detriment of Consumers
ACA International cites Policy Analyst Matthew Adams on the HEROES Act: In a blog post for the Competitive Enterprise Institute, Policy Analyst Matthew…
Blog
HEROES Act Mostly Grows Government, But Has Redeeming Cannabis Banking Provision
The HEROES Act calls for trillions of dollars in new deficit spending and includes a number of longstanding progressive pet projects unrelated to the COVID-19…
Blog
A National Interest Rate Cap Has No Place in the Next Coronavirus Relief Package
As the economic fallout from the COVID-19 pandemic continues to wreak havoc, it’s crucial that struggling Americans have access to affordable short-term credit. Congress should reject calls to include a…
Blog
Facts, Not Feelings, Should Inform Regulation of the Debt Settlement Industry
As money gets tight during the COVID-19 pandemic and quarantine, policy makers need to ensure that struggling households have multiple options to manage their debts…
Blog
Why Is Trump’s SEC Chairman Looking to Bring Back an Obama-era Financial Rule?
SEC Chairman Jay Clayton has proposed a set of regulations last fall that would bar many middle class investors from buying mutual funds and exchange-traded…