Category Archives: paying back payday loans

Predatory Payday Lenders Top Ally that is democratic Flip On New Rules

Predatory Payday Lenders Top Ally that is democratic Flip On New Rules

After months of general general public force and a rigid challenge that is primary her left, Democratic National Committee chairwoman Rep. Debbie Wasserman Schultz (D-FL) reversed her place on payday financing Thursday.

Hours following the customer Financial Protection Bureau (CFPB) revealed first-ever rules that are federal the loans on Thursday, Wasserman Schultz issued a written declaration praising the agency’s work with Facebook. “I stay using the CFPB with its efforts to safeguard Americans from predatory lending,” she published. Continue reading