Lenders say report shows no need for industry regulations.
Consumers in states that prohibit payday lending had no obligation to repay loans.
National People's Action has launched a petition asking CFPB to crack down on payday lenders.
CFPB released a framework in March for rules its considering proposing.
The agency is considering how best to protect consumers from predatory lenders.
The president expressed support for the agency's new rules targeting payday lending.
Consumers are being unfairly limited in their legal options by mandatory arbitration clauses that...
CFPB is expected to unveil the new regulations as soon as this month.
The Department of Defense is expected to issue new protections for military members borrowing money...
CFPB Director Cordray will face tough questions before the House Financial Services panel.
The Consumer Financial Protection Bureau is considering new regulations for payday lenders.
"This is what it looks like when regulators get it right."
The businesses said they had difficulty engaging constructively with the agency.
Jeb Hensarling, whose committee oversees payday lenders, received $210,500 from the industry.
The Consumer Financial Protection Bureau is weighing alternate sets of regulations.
The regulations target payday loan providers.
Consumer groups argue high default rates prove payday loans are dangerous.
The new rules would force lenders to ensure a borrower’s ability to repay a loan.
Caucus chairs urged CFPB to issue the strongest rules possible.
Nearly 200 interest groups on Monday backed a Defense Department plan to crack down on abusive...
Payday borrowers' ability to fight against banks enabling lenders' conduct has been restricted.
The payday lending industry says legitimate businesses are being targeted by the operation.
Congressional Democrats are coalescing behind the idea.
Sen. Jay Rockefeller said "scoundrels" are targeting members of the armed forces.