In 2013, the FDIC and OCC issued guidance claiming that inadequate underwriting of deposit advance loans raised safety and soundness concerns. Banks quickly removed deposit advance from their small dollar credit offerings. Unless overdraft and deposit advance are perfect substitutes, the loss of...

This is part of a series of quarterly reports of consumer credit trends produced by the Consumer Financial Protection Bureau using a longitudinal, nationally-representative sample of approximately five million de-identified credit records maintained by one of the three nationwide consumer...

This is part of a series of quarterly reports of consumer credit trends produced by the Consumer Financial Protection Bureau using a longitudinal, nationally-representative sample of approximately five million de-identified credit records maintained by one of the three nationwide credit...