Warren and CFPB Cracking Down on Predatory Lenders

‘If anyone tries to block or delay the CFPB payday rules, it’s time to fight back hard,’ says Senator Elizabeth Warren

Newly proposed rules aimed at reining in predatory payday lending are “a good first step,” economic justice groups said on Thursday, but “worrisome loopholes” must be closed in order to fully protect low-income Americans from financial devastation wrought by the high-interest, low-dollar loans.

  Read More!