The Fisher Memorial Program was held on April 11, 2014 at the Spring Meeting of the ABA Business Law Section in Los Angeles, California.
The topic was “Credit for the Next Generation of Young Consumers: Too Little, Too Much, Too Confused?”
The program covered the unique financial services issues that will confront the next generation of consumers. As young people enter the workforce after completing education, how will they handle the mountain of student loan debt facing them in a still uncertain job market? What access to credit will they have as new consumers? How will their shopping trends and expectations about access to credit change the credit industry? And what are the unique challenges and issues confronting this generation, and how should government and industry respond?
The moderator was John R. Chiles, Partner, Burr & Forman LLP, Ft. Lauderdale, FL.
The panelists were:
- Nick Bourke, Director, Small Dollar Lending, The Pew Charitable Trusts, Washington, DC
- Mallory Duncan, Senior Vice President and General Counsel, National Retail Federation, Washington, DC
- Meghan Stringer Musselman, Partner, Hudson Cook LLP, Hanover, MD
- Jeffrey I. Langer, Assistant Director, Office of Installment Lending and Collections Markets, Bureau of Consumer Financial Protection, Washington, DC
- Arjan Schütte, Managing Partner, Core Innovation Capital, Los Angeles, CA
2014 Fisher Memorial Program – Credit for the Next Generation of Young Consumers: Too Little, Too Much, Too Confused?