Having access to various forms of short-term credit helps consumers by allowing them more choice in matters of personal finance. The best way to protect borrowers is to allow for a competitive and healthy short-term lending market.
A Right Way and a Wrong Way Forward on Housing Affordability
On Tuesday, former President Barack Obama gave an address to the Democrat National Convention (DNC) which, in part, broached the issue of housing affordability. On the matter, he said: “If we want to make it easier for more young people to buy a home, we need to build more units and clear away some of...