Why a Payday Loan Crackdown Could Backfire
June 7, 2013 11:46 AM
A crackdown on payday lending looks increasingly likely and risks sending low-income consumers in search unregulated financing options on the Internet and abroad. That threat is a key topic of discussion at American Bankers Underbanked Financial Services Forum, which wraps up Friday in Miami. National Editor Maria Aspan reports from the event.