Posted on July 16, 2014

Have you ever wondered what's it like to work for an online payday lender? 

I guess we all have. That's probably a universal, along with perhaps what it is like to be shortstop for the New York

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Posted on July 15, 2014

The Pew Research Center’s June 12th, 2014 report Overdrawn: Consumer Experience with Overdraft found that 80 percent of consumers who had overdraft felt that the government should provide better regulations and oversight on the process

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Posted on July 14, 2014

Discussing the findings from the Organisation for Economic Co-Operation and Development's new study on young adult financial literacy.

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Posted on July 1, 2014

From last to first, here is a ranking of the penetration of the formal financial system into the populations of the countries in the Round of 16. This data is from the World Bank's Findex. One caveat is that data on Swiss accounts is not available. 

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Posted on June 30, 2014

It looks like the party stopped for the underbanked stock market. In the last six months, underbanked stocks are down. Simultaneously, the Dow and the S&P 500 are up. This is reversal from the recent past. 

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Posted on June 23, 2014

Conn's says it will use $250 million in notes to pay down its line of credit. Conn's, the purveyor of household goods and consumer credit, says that it is going to sell $250 million in senior notes. It will use the proceeds to pay down some of its debt. The notes extend through 2022. Conn's had $517 million in debt on its balance sheet at the end of April. 

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Posted on June 19, 2014

Having determined that Corinthian Colleges, Inc. had been slow to respond to their request for further documentation on job placement results, The US Department of Education is going to put additional constraints on the cash flows of the for-

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Connecting the Dots: How Wall Street Brings Fringe Lending to Main Street

"I Feel Like I was Set Up to Fail: Inside a For-Profit College Nightmare."

This story was published in Salon Magazine on January 27th, 2014. In March, Senator Richard Durbin cited this story when speaking on behalf of his bill, The Student Loan Borrowers Bill of Rights.

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