Latest News
Showing the Latest Payday Lending Results
-
Payday Industry Put Under Microscope at Congressional Hearing and Yep … They’re Still Terrible
It is clear: consumer protections from the payday loan industry are needed now more than ever before.
-
Mobile Billboard Shames ‘Trump’s Predatory Payday Party’ Outside Payday Lender Conference at Trump Doral Resort
Allied Progress Mobile Billboard Shames ‘Trump’s Predatory Payday Party’ Outside Payday Lender Conference at Trump Doral Resort
-
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
-
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
-
Trump/Kraninger’s Payback to Payday Lender Donors
New Consumer Financial Protection Bureau (CFPB) Proposal Leaves Consumers Vulnerable To The Debt Trap.
-
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.
-
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.
-
Mulvaney Wants To Gut Payday Loan Protections, But CFPB Staff Don’t Want To “Harm People”
Payday lenders showered him with campaign cash. Now Mulvane wants to gut a CFPB rule protecting borrowers from the payday debt trap.
-
GOP Congress Trying to Kneecap CFPB After It Fined Their Payday Lending Donor in Case Started Under Cordray
Would the CFPB have been free to pursue the Payday Lender it fined $5 Million yesterday if Congress controlled its purse strings?
-
Trump’s FTC Confirms Lawyer for Notorious Payday Con Man to Lead Its Consumer Protection Division
Andrew Smith previously represented a notorious payday lender who was fined $1.3 billion by the FTC for deceiving consumers.