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Ability-to-Repay vs. Ability-to-Collect

Earlier this month Accion Opportunity Fund submitted comments to the Consumer Financial Protection Bureau regarding their proposed rule on payday, vehicle title, and certain high-cost installment loans.

From the Frontlines in the Microfinance Revolution

This article was originally published by the Federal Reserve Bank of San Francisco in Community Investments, Winter 2014/2015 – Volume 26, Number 3 35. Notes from the Frontlines in the Small Business Finance Revolution: A Microlender’s View By Gwendy Brown and Eric Weaver Where do you go for your morning coffee? To get your car serviced? To…