Latest Research
Showing the Latest Payday Lending Results
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Reality Check: Payday Trade Group Offers One Falsehood After Another to CBS News in Defense of Industry
This payday industry trade group will stop at nothing to mislead lawmakers and the public about payday lending.
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Reality Check: Highly Paid Payday Industry Mouthpiece Who Opposes Reform Thinks CFPB’s Reform Efforts Are “Rushed”
Dennis Shaul things things are being rushed!?! The CFPB proposed outline of the new payday lending rule over a year ago.
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Latest “Protect America’s Consumers” Ads Targeting Senators Riddled with Misinformation
Protect America’s Consumers released a new round of misleading advertisements targeting Senators. Here’s a fact check.
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Debbie Wasserman Schultz Struggles Under Tough Media Questioning Over Support for Payday Lenders
Wasserman Schultz nonsensically claims that Florida “could certainly have better” consumer protections against payday lenders but CFPB should use Florida as a model for other states.
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What Did a Pair of Payday-Backed Congressman Do After a Tribe-Linked Lender Was Indicted?
What did a pair of Congressmen do after a payday lender was indicted for using native american tribes to evade regulations?
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Why is Hilary Hiding HIS Emails?
Why is this payday lending front group blocking the release of its emails with a professor whose pro-industry research it commissioned?
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Reality Check: Lobbyist Misleads Readers in Op-Ed on Florida’s Weak Payday Lending Laws
The Florida model is a payday lender’s dream: riddled with loopholes and massive interest rates. Average borrower takes out 9 loans.
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Reality Check: Legislator Says People Will Turn to Prostitution, Drug Dealing Without Payday Loans
State Senator John Kavanagh defended legislation to bring payday-style loans back to Arizona saying without them people will turn to prostitution and drug dealing.
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Favorite Congressman of Predatory Lenders Says Elizabeth Warren Should Be Neutered
Luetkemeyer told a conference of bankers that they need to “neuter” Elizabeth Warren, calls her “Darth Vader of financial services world.”
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Reality Check: Payday Lender-Funded Poll Shows Borrowers Don’t Want Reform, Independent Poll Shows Exact Opposite
New payday lender-funded poll says consumers are satisfied and wary of efforts to strengthen regulations, independent polls show the exact opposite.