UNITE HERE: 32 Community Organizations Call on Lone Star Funds to Stop Predatory Payday Lending

DALLAS–(BUSINESS WIRE)–UNITE HERE announced that 32 consumer advocacy and fair lending organizations are calling on Lone Star Funds to end predatory payday lending. The organizations published an open letter calling for fair lending practices at Lone Star Funds’ DFC Global, a major payday lender. “Today, we’re calling on Lone Star Funds to stop trapping borrowers in a cycle of debt.” …

Payday News, week of January 15, 2016

February 2016 Sojourners How to Practice Safe Banking Advertised as “EZ Cash” and “24-7 Finance,” the perils of payday loans, with exorbitant interest rates upward of 300 percent, trap households in long-term debt. January 15, 2016 The Digital Universe Orem lawmaker continues proposals to reign in payday lenders An Orem lawmaker continues to push measures that regulate payday lending firms …