‘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!
More Stories
A Different Kind of Money Laundry
Federal Banking Agencies Issue New Guidance on Immigration-Related Credit Risk
18 Year Old Fraud Auto Loan “Credit Mule” Busted on Video
Lenders Continue Paying Millions to Settle TCPA Lawsuits as Decades-Old Telephone Law Collides with Modern Collections
Happy Birthday CUCollector! Seventeen Years… Where Did the Time Go?
One Face. Sixteen Identities. $476,000 in Fraudulent Auto Loans