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. Ariel Levinson-Waldman
    Ariel Levinson-Waldman: RT @TzedekDC: Using a bank as a fig leaf, payday lenders are starting to make extortionist #paydayloans up to 160% in states where those ra…

  2. KLBBarsotti
    KLBBarsotti: RT @mjmarantz: Slots and payday loans on every strip mall. What could go wrong with 450 to 1950% interest? #StopTheDebtTrap #moleg

  3. Clarisse Fryrear
    Clarisse Fryrear: RT @mjmarantz: Slots and payday loans on every strip mall. What could go wrong with 450 to 1950% interest? #StopTheDebtTrap #moleg