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Monthly Archives: May 2018

New OCC Policy to encourage Bank Participation in Small Dollar Lending

Posted by Amira Peace
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Articles
Last week, the Office of the Comptroller of the Currency (OCC) released a new bulletin outlining steps for banks to offer short-term loans to customers. The overall goal of the policy change is to increase…
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Fed Finds 40% of Americans Can’t Cover a $400 Emergency Expense

Posted by Amira Peace
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Four in 10 adults would struggle to cover an unexpected expense of $400, according to the Federal Reserve's Report on the Economic Well-Being of U.S. Households in 2017, released last week. The fifth annual survey showed…
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