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. Michelle O'Grady Caballero
    Michelle O'Grady Caballero: RT @marisabel81: #AB539 is an important measure to help even the playing field in financial services for responsible lenders, and will help…

  2. Tim Grayson
    Tim Grayson: RT @AsmMoniqueLimon: Thank you to my coauthor @AsmGrayson and my colleagues for all of your support to help #StopTheDebtTrap and to Speaker…

  3. Adam Waxman
    Adam Waxman: RT @eharnick: Look at this great team! Thank you for working to #StopTheDebtTrap! #AB539 https://t.co/3Inbm0p0Qa