News Topic: CreditSlips

Banks and payday lenders have be close pals for a while now. ... Read full article

... Read full article

Given the limitations of Disclosure 2.0 and Disclosure 2.5 I described in my last posts, what is to be done? To answer this question, we might first ask what financial product disclosure is attempting to achieve. Although disclosure has several aims, one ... Read full article

I am not a litigator, and would never venture to read the scheduling tea leaves to predict case outcomes. That said, two things about next Wednesday's hearing in what some call " trial of the century " strike this civilian as pretty odd. ... Read full article

Thanks for having me back at Credit Slips! This week I’ll be blogging about two forms of credit that are increasingly popular: auto title lending and pawnshops. ... Read full article

February 27 is a big day for people interested in financial markets, consumer credit, and... well, many things of interest to Credit Slips readers. I'll be in New York, attending round two of the Second Circuit oral arguments in NML v. Argentina . ... Read full article

It is always great to have our guests return, which makes me please to announced that Professor Paige Skiba of Vanderbilt University will be joining us for a few days. Paige has done a lot of interesting work on high-interest credit like payday lending and ... Read full article

From the February 9th Economist : ... Read full article

If financial education classes and lab-tested disclosures are unlikely to help consumers in their real-world financial decisions, what about field-tested targeted education/disclosure? Exciting work by Marianne Bertrand and Adair Morse shows that ... Read full article

NML v. ... Read full article

If you visited Credit Slips  yesterday (February 19) and had problems loading the site, it was because our hosting service (Typepad) had some system-wide issues. Everything should be working now. Typepad status is always available here . ... Read full article

Thanks so much to Bob and everyone else at Credit Slips  for inviting me to join on a more consistent basis! ... Read full article

My colleague, Professor Pamela Foohey , has just posted a paper on SSRN about religious organizations that have filed chapter 11. While the Roman Catholic dioceses bankruptcies have grabbed a lot of attention, Foohey identifies 509 other cases filed by ... Read full article

Long-time readers will remember Professor Jason Kilborn's   guest-blogging stints.  Jason focuses on comparative and international issues in the world of bankruptcy. This is always a perspective we sorely need here on the Slips , and we were wanting ... Read full article

If, as I suggested in my last post, making the consumer smarter is hopeless, at least for those of us whose prenatal and early childhood environments can no longer be altered, what about disclosure?  Could point-of-sale disclosure equip consumers to make ... Read full article

Elizabeth Warren’s questioning of financial regulators at her first Senate Banking Committee hearing got a lot of attention for her pointed question about when was the last time any of their agencies had taken a large bank to trial.  It was a telling ... Read full article

A story from the sports world. ... Read full article

The briefs have been filed in NML v. Argentina (a complete set here ), and the Second Circuit has revised the hearing schedule , expanding the time for oral argument on February 27 to a total of 49 minutes. ... Read full article