Resources for Policymakers
CFSA strongly promotes regulation of the payday advance industry. In doing so, we support the passage of balanced payday lending laws. By collaborating with policymakers in all 50 states, we serve as a resource for elected officials who want to know how they can preserve short-term credit options for their constituents.
In this section, you will find information to help you develop a greater understanding of the payday advance industry and CFSA’s role in promoting regulation of the industry.
The Basics
CFSA Congressional Affairs Material (password protected)
Payday Advance: Fact vs. Fiction (PDF)
Payday Advance Customers (PDF)
Payday Advance: Customer Demand
Payday Advance: A Cost Comparison of the Alternatives
Payday Lending and Public Policy: What Elected Officials Should Know
Explore More
Overdraft Protection and Payday Advance Loans
Storefront Payday Loans: The Cost of Doing Business
Bank and Credit Union Officials: APR is not a good measure of short-term credit
Credit Unions and Payday Loan "Alternatives"
Restrictive Rate Caps Result in a Ban of Payday Advance Loans
Consumers Finding Credit Hard to Come By
Payday Loans: One Option for Unsecured, Short-Term Credit
