Showing the Latest Community Financial Services Association of America (CFSA) Results
Report: Trump’s Payday
Report examines how the payday lending industry courted Trump from candidate to President-elect to President and how they plan to cash in.
Reality Check: American Banker Publishes Grossly Misleading Op-Ed by Payday Lending Group Honcho
Shaul worked for the House Financial Services Committee before taking a $500,000 a year job shilling for an industry he once helped to oversee.
Payday Lenders Cry Crocodile Tears After CFPB Properly Categorizes Suspicious Public Comments Opposing Payday Rule
Review of public comments opposing payday rule also found hundreds of examples using the exact same sentences and paragraphs, word-for-word.
Payday-Funded Group Cites Payday-Funded Poll to Argue Against CFPB’s Payday Rule
The main payday lending industry trade group contributed $385,000 to the US Hispanic Chamber of Commerce from 2011-2014.
8 Seconds of Honesty: Payday Trade Group Leader Admits His Members’ Rates Can Be “Too Excessive”
“…There are cases even among our lenders…where the rate is too excessive…,” says Dennis Shaul.
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.
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.
Reality Check: Chicken Little Payday Leader Says Sky’s Falling and CFPB Is to Blame, Not His Loans
CFPB’s outlined proposal is not a ban on payday lending. It’s aimed at ensuring a borrowers ability to repay the loan so they don’t get caught in a debt trap.
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.
Money Talks: Meet the Payday Industry Cronies Testifying at Today’s Sham Congressional Hearing
Like the Members of Congress organizing this sham hearing, those being called to testify are allies of the payday lending industry.