Knowledge Tree
Relations (1)
related 2.00 — strongly supporting 2 facts
The American Public Health Association maintains a formal advocacy relationship with the Consumer Financial Protection Bureau, as evidenced by their specific policy recommendations regarding the regulation of online lending, payday loans, and high-interest credit practices [1], [2], and [3].
Facts (2)
Sources
The Impacts of Individual and Household Debt on Health and Well ... apha.org 2 facts
perspectiveThe American Public Health Association recommends that the Consumer Financial Protection Bureau require payday and similar high-interest loans to account for the applicant's ability to pay and limit repeat borrowing.
perspectiveThe American Public Health Association recommends that the Consumer Financial Protection Bureau increase monitoring, enforcement, and regulation of online lending and financial technology companies offering unsecured debt and credit.