Consumer lending

Readers weigh in on the Consumer Financial Protection Bureau's payday rule, consider the gender wage gap in banking, debate restrictions to membership at the Federal Home Loan banks and more.

U.S. Commerce Secretary Wilbur Ross said unpaid federal workers could borrow to tide themselves over during the government shutdown rather than call in sick to earn a paycheck elsewhere.

When a Columbia University professor surveyed 1,000 payday loan customers, little did he know that the resulting research report would become a lightning rod in the drafting of rules for small-dollar lenders.

Double-digit gains in net interest income more than offset sluggish growth in fee income at the Salt Lake City company.

The McLean, Va., company also reported a decline in charge-offs on credit card loans.

The consent order against California Check Cashing Stores is part of a broader crackdown by the Department of Business Oversight on small-dollar lenders trying to skirt interest rate limits.

Many government employees are turning to alternative lenders to bridge the gap between paychecks; the average pay at the biggest U.S. banks rose by just 3% last year, well below the CEO rate.

CFPB to scrap key underwriting portion of payday rule; Fiserv-First Data — why small banks fear big fintech; banks, credit unions help federal workers hurt by shutdown; and more from this week's most-read stories.

The company has filed a request with a federal judge in Pennsylvania for a summary judgment in two counts against it, accusing the bureau of failing to provide evidence.

Strong demand for commercial loans helped offset weaker growth in consumer lending and a decline in fee income.

The units that handle small business payments and the one for larger firms will be combined; survey shows U.K. consumers may shun loans.

Readers react to Sen. Elizabeth Warren's investigation into former acting Consumer Financial Protection Bureau Director Mick Mulvaney's job talks, weigh Rep. Alexandria Ocasio-Cortez's potential impact on the Financial Services Committee, consider the future of cryptocurrency and more.

The director of the Consumer Financial Protection Bureau has asked Congress to clarify its ability to conduct exams that ensure compliance with the Military Lending Act.

Demand for commercial loans surged in the fourth quarter and executives at the Buffalo company see the momentum continuing in the new year.

A CFPB report revealed that the fees charged to college students by Wells Fargo for financial products are three times higher than average. Sen. Warren wants to know why.

The online platform, created by Laurel Road Bank in 2013, allows users to refinance student loans and originate mortgages.

The online student lender said it is reallocating some jobs and "sunsetting" others.

Now that Wells must abide by the central bank's asset cap through year-end, it may have to divest more nonessential assets and take other steps to open up room for core loan growth.

Loans grew 6% at JPMorgan Chase, but the bank is "not going to be stupid" and assume that will last forever, its CEO says. Here are some precautionary steps it's taking.

The agency is expected soon to propose a revamp of the 2017 regulation that would eliminate the ability-to-repay provisions, which small-dollar lenders saw as a direct threat to their business.