Latest News
Showing the Latest Payday Lending Results
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Allied Progress Presents the Next Nominees For The Payday Lender Hall of Shame
CFPB Director Kathy Kraninger Wants To Make These Shady Characters Even Richer On The Backs of Hardworking Consumers
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And Here Are the Nominees for the Payday Lender Hall of Shame…
Meet the Cabal of Shady Characters CFPB Director Kraninger is About to Make Richer at Consumers’ Expense.
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The Trump-Payday Lender Lovefest Gets Steamier
The Payday Industry’s National Trade Group Set to Get Its Swank On at a Trump Resort — AGAIN — a Month After Trump Administration Proposes Laxer Payday Regulations.
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It’s Official: Trump/Kraninger Pay Back Their Payday Lender Donors on the Backs of Consumers
New CFPB Proposal Would Help Predatory Lenders Get Rich by Ensnaring Millions More Consumers in the Payday Debt Trap
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The CFPB’s Cognitive Dissonance
Bureau Fines Latest Payday Lender Caught Abusing Consumers Yet Still Plans to Loosen Payday Rules.
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Payday Lenders Announce Massive Quarterly Profits
Two major payday lending companies and a subprime auto lender announced fourth quarter profits collectively exceeding $200 million, undercutting the industry’s complaints that it is too highly regulated to be successful.
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Trump/Kraninger’s CFPB Preparing to Gut Ability-to-Repay Standard for Payday Loans Based on an Industry-Funded Study That Actually Underscores Why It’s Needed
Kraninger Thinks 40 Percent of Borrowers Not Knowing the Financial Risks Associated with Payday Loans is Acceptable — It’s Not
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Trump/Kraninger’s Payback to Payday Lender Donors
New Consumer Financial Protection Bureau (CFPB) Proposal Leaves Consumers Vulnerable To The Debt Trap.
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Debt Trap Revival: Trump/Mulvaney CFPB Announces Plan to Gut Payday Loan Borrower Protections
Donald Trump and CFPB Acting Director Mick Mulvaney are attempting to sabotage the Payday Rule by eliminating the Ability-To-Repay standard. Ironically enough, the two of them combined have taken nearly $2 million from payday lenders.
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Mulvaney Once Again Goes Soft on Crimes of Predatory Payday Lender
Mulvaney took $60,000 in campaign cash from payday lenders. He just cut a CFPB-sought fine against a payday lender from $3 million to $200,000.