News from community financial services association of america (cfsa) A wide array of domestic and global news stories; news topics include politics / government, business, technology, religion, sports/entertainment, science/nature, and health/lifestyle. Articles that appear in this section may be written in English or other languages, as well.

Feb 20, 2013, 13:40 ET

CFSA Statement on Pew Report

 The Community Financial Services Association of America (CFSA) released the following statement in response to a report from Pew Charitable...

Nov 08, 2012, 09:00 ET
Lending Hands Logo.  (PRNewsFoto/Community Financial Services Association of America (CFSA))

CFSA Announces "Lending Hands" To Assist Hurricane Recovery

Community lenders to make donations to the American Red Cross for money transfers to impacted areas As part of its ongoing commitment to...

Jan 19, 2012, 13:40 ET

Storefront Payday Lenders Issue Statement on "Misleading" Reuters Story

 The following comments can be attributed to D. Lynn DeVault, Board Chair of the Community Financial Services Association of...

Oct 15, 2009, 11:15 ET

Payday Loan Customers Flood Congress With Concern

Thousands Send Letters Urging Congress to Protect Access to Short-Term Credit Tens of thousands of payday loan customers from across...

Oct 13, 2009, 16:31 ET

Washington Post Story on the 'Unbanked' Misleads Readers

Payday Lending Customers Are Banked, Industry Heavily Regulated by the States The Washington Post story, "'Unbanked' but No Longer...

Apr 10, 2009, 11:38 ET

Payday Advance Industry to Oppose the 'Payday Loan Reform Act of 2009'

Gutierrez Bill Goes Too Far, Sets Fees, Preempts Laws in 34 States Payday lending legislation, H.R. 1214, introduced by Rep. Luis Gutierrez...

Sep 05, 2008, 01:00 ET

'Consumer' Groups Get an 'F' for Phony Scorecard

WASHINGTON, Sept. 5 /PRNewswire-USNewswire/ -- The Consumer Federation of America (CFA) and the National Consumer Law Center (NCLC), two...

Aug 04, 2008, 01:00 ET

Access to Small, Short-Term Loans Critical for Working Families

WASHINGTON, Aug. 4 /PRNewswire-USNewswire/ -- A new report by the Urban Institute finds that if payday advances are eliminated they "could be...

May 13, 2008, 01:00 ET

New Report on 'Thrift' Falls on Its Own Contradictions

WASHINGTON, May 13 /PRNewswire-USNewswire/ -- A report, "Confronting the Debt Culture," released today in Washington, D.C. at the Confronting...

Feb 29, 2008, 00:00 ET

Payday Lenders Launch New Blog: Payday Pundit

WASHINGTON, Feb. 29 /PRNewswire-USNewswire/ -- The Community Financial Services Association of America, national trade association of payday...

Feb 07, 2008, 00:00 ET

Payday Advance Industry Unveils New Ads Featuring Real Customers

WASHINGTON, Feb. 7 /PRNewswire-USNewswire/ -- Payday advance customers fight for their right to the short-term credit option in a new national...

Jan 29, 2008, 00:00 ET

Virginia Pilot Research Confirms Payday Loan Stores Located in Middle Income Neighborhoods

WASHINGTON, Jan. 29 /PRNewswire-USNewswire/ -- New research published today by the Virginia Pilot newspaper confirms that in Virginia, a vast...

Dec 04, 2007, 00:00 ET

Denying Consumers Access to Payday Loans Leads to Costlier Credit Options and Greater Financial Burdens

WASHINGTON, Dec. 4 /PRNewswire-USNewswire/ -- Households without access to payday loans are forced to use costlier credit products and suffer...