The latest SERs incorporated online lenders, brick-and-mortar pay-day and you can title loan providers, tribal lenders, borrowing unions and you can short financial institutions
Past, I had the chance to participate since an advisor to an excellent quick entity user (SER) at business review committee to your payday, label and you can fees fund. (Jeremy Rosenblum have four posts-right here, here, here and here-one learn the principles being analyzed in more detail.) The latest meeting was held on Treasury Building’s Cash Room, an impressive, marble-walled room where Chairman Give stored his inaugural reception. Establish in the meeting was basically twenty-seven SERs, 27 SER advisers and you can about thirty five folks from the brand new CFPB, the tiny Organization Management additionally the Place of work off Management and you will Finances. More