A Washington state law that restricts payday loan marketing to poor families has caused the states payday lenders to lose three-quarters of their business in the five years since it was enacted, according to published reports. more »
THE TROUBLE WITH MONEY: "Of course income matters, but we found that it is not the only thing that matters," says the CFPB's Gail Hillebrand. "People all across the economic spectrum reported being... unhappy with their financial lives."
Everyone knows the proverb "Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime." more »