Proposed Payday Industry Regulations Must Strike Delicate Balance

Your browser doesn’t support HTML5 audio

The federal government is moving to reign in the payday loan industry, which critics say traps consumers in a damaging cycle of debt. A look at the possible effects of proposed regulations and what push back they might face.

Copyright 2021 NPR. To see more, visit https://www.npr.org.

  • Facebook
  • Twitter
  • LinkedIn
  • Email
Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.