Payday Loans: Myths and reality

A recent broadcast of NPR’s MarketPlace Money featured a short commentary by Tom Lehman, a professor at Indiana Wesleyan University, defending payday lending.  Responding to widespread concerns about the high cost of payday loans and their tendency to trap borrowers… Read more [More...]

The Weekly Wonk – May 13, 2011

What’s up this week at Oklahoma Policy Institute? The Weekly Wonk is dedicated to this week’s events, publications, and blog posts. This week at OK Policy we reviewed the state’s FY ’12 budget agreement on our blog.  We applaud leadership… Read more [More...]

Quick Cash and Debt Traps: Predatory payday lending in Oklahoma

Access to credit has become a necessity for modern American living, touching virtually every aspect of our lives. You need credit to buy a house or a car, pay for medical expenses, even rent an apartment.  Obstacles to affordable credit… Read more [More...]

Going to scale: Initiatives to strengthen financial security are spreading

Last week, I had the pleasure of attending the 2010 Assets Learning Conference that brought together over 1,000 participants for three days of plenaries, workshops and sessions exploring approaches to building an economy in which all Americans, including those of… Read more [More...]