What is Payday Lending?

Payday loans typically carry over 300% annual interest, creating a cycle of debt for borrowers.

 

Take Action

Tell the CFPB not to touch the ability-to-repay rule, a move threatening protections for all consumers.

#StopTheDebtTrap

  1. Betsy Millmann
    Betsy Millmann: RT @rebeccavallas: The payday loan industry's very business model relies on trapping people in debt. That's why 4 in 5 borrowers end up ha…

  2. Marta Ames
    Marta Ames: RT @CAPDisability: #DYK: Social Security and SSI beneficiaries are a major target for predatory payday lenders -- who view a monthly Social…

  3. Carol Hammerstein
    Carol Hammerstein: RT @dianestand: Thank you @cspanwj for the opportunity to talk about this impt issue and to hear from callers across the country. #StopTheD