‘If anyone tries to block or delay the CFPB payday rules, it’s time to fight back hard,’ says Senator Elizabeth Warren
Newly proposed rules aimed at reining in predatory payday lending are “a good first step,” economic justice groups said on Thursday, but “worrisome loopholes” must be closed in order to fully protect low-income Americans from financial devastation wrought by the high-interest, low-dollar loans.
Read More!
More Stories
Recovery Turns Violent: Tennessee Repo Agent Held on $500,000 Bond
From Repossession to Rooftop Countdown
Another Subprime Lender on the Edge – America’s Car-Mart Hits Hard Times
Indiana’s New Recovery Law Is Almost Here. The Industry Is Still Looking for Answers
Lawsuit Revives Questions Surrounding Fatal Steve Perkins Repossession Shooting
Borrower Arrested in Connection with Jacksonville Repossession Murder