Showing the Latest Reality Check Results
REALITY CHECK: Mulvaney Dodges And Misleads Over Blankenstein At CFPB’s Baton Rouge Town Hall
At a town hall meeting, Mulvaney dodged a question about the racist writing of his fair lending appointee and mislead the audience about the timing of the writing.
Reality Check: Meet the GOP-Assembled, Big Bank-Backed Panel for Today’s Hearing Attacking the CFPB (Again)
Luetkemeyer has assembled a who’s who of CFPB opponents that represent some of the country’s most powerful special interests.
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.
Reality Check: Mulvaney Admits He’s Relying on His “Gut” (Rather Than Facts) in Payday Debate
Experts agree the Florida model does not offer strong consumer protections. In Fact, it allows payday lenders to trap consumers in cycles of debt featuring 300-400% interest rates.
Payday Spokesman Who Once Labeled Industry Risky, Claims Borrowers Have Few Complaints
Study shows majority of payday consumers feel taken advantage of by payday lenders and nearly 3/4’s of borrowers support more regulation of industry.
Silly Cato Op-Ed Says Payday Loans Can’t Be Bad If People Keep Coming Back for More
Wonder what Cato’s Thaya Knight thinks of the health benefits of heroin?
Payday Honcho Caught Citing Academic Research Paid for by Industry Front Group
CFSAA’s Dennis Shaul cited academic study paid for by industry front group that has used unethical influence to shape purportedly independent academic research it commissions.