Payday Loan Reform News – April 20

  A payday lender is accused of stealing millions from customers. Trump’s CFPB is now letting them off the hook. April 20, Vox In the agency’s first report to Congress since Mick Mulvaney took the helm in November, the CFPB said it is dropping sanctions against NDG Financial Corp, a group of 21 businesses that the agency, under President Obama, …

Payday Lenders hobnob at Trump Florida golf resort

FOR IMMEDIATE RELEASE: April 19, 2018 CONTACT: Cara Newlon, CRL@berlinrosen.com , 703 899 3206   Payday Lenders Rip Off Our Families and Corrupt Our Politics Opponents fight predatory lending, in the air and on the ground Industry executives hobnob at Trump’s Florida golf resort Doral, Florida –A diverse group of opponents of predatory payday lending, a form of short-term debt …

Latino Victory, Florida Immigrant Coalition Protest Payday Lender Conference at Trump Resort

For Immediate Release April 18, 2018 Contact: Monica Garcia | monica.garcia@latinovictory.us | 312-860-8860   Latino Victory, Progressive Groups Protest Payday Lender Conference at Trump Resort Organizations say conference location is no coincidence after Mulvaney drops lawsuit and delays rules that would rein in predatory lending Miami, Fl – Latino Victory Project, New Florida Majority, and the Florida Immigrant Coalition today protested predatory payday lenders outside Trump National Doral Miami, …

Faith Leaders, Dr. Julianne Malveaux Protest Payday Lenders’ Conference at Trump Miami Resort

Contact: Rachel Gunter-Shapard, rachelguntershapard@gmail.com For Immediate Release  April 18, 2018  *PHOTOS AVAILABLE* Faith Leaders, Dr. Julianne Malveaux Protest Payday Lenders’ Conference at Trump Miami Resort Trump Golf Resort Welcomes Lenders Who Trap People in 300% Interest Loans MIAMI, FLA. – Even as they are suing the Consumer Financial Protection Bureau (CFPB) to try to stop a rule that would disrupt …

Congressman Beyer, Consumer Advocates Denounce CFPB ‘Head’ Mulvaney for Supporting Predatory Payday Loans

Congressman Beyer, Consumer Advocates Denounce CFPB ‘Head’ Mulvaney for Supporting Predatory Payday Loans Outside the CFPB today, consumer advocates posing as loan sharks “celebrated” Mulvaney, and then held a press conference with Congressman Don Beyer (D-Alexandria, Va.) to denounce Mulvaney’s anti-consumer actions. Watch the video. Standing Outside the CFPB, Group Calls for an End to Mulvaney Era of Taking “Wrecking …

Tomorrow: Press Conference with Rep. Beyer at CFPB Opposing Mulvaney & Predatory Lending

***ADVISORY FOR TOMORROW, THURSDAY, MARCH 29*** Contact: Anjali Cadambi Anjali.Cadambi@berlinrosen.com 503-984-4020 For Immediate Release March 28, 2018 WASHINGTON, D.C. – Tomorrow at 9:30 AM ET, outside the Consumer Financial Protection Bureau’s (CFPB) headquarters, Congressman Don Beyer (D-Alexandria, Va.) and consumer advocates will hold a press conference calling for CFPB’s acting “head” Mick Mulvaney to end practices that benefit predatory payday …

Mulvaney Continues to Let Payday Lenders Off the Hook

  For Immediate Release March 26, 2018 CONTACT: Anjali Cadambi, anjali.cadambi@berlinrosen.com, 503-984-4020 Mulvaney Continues to Let Payday Lenders Off the Hook, Signals Intention to Drop More Predatory Lending Cases WASHINGTON, D.C. – A recent Reuters news story, “Exclusive: Trump official quietly drops payday loan case, mulls others – sources,” provides additional evidence that Trump’s unlawfully appointed Acting Director of the Consumer Financial …

Stop The Debt Trap Coalition Letter Opposing Congressional Repeal of the Payday Rule

March 1, 2018   Dear Members of Congress, The undersigned organizations urge your office to oppose H.J. Res. 122. This measure would repeal the Consumer Financial Protection Bureau’s (Consumer Bureau) payday rule, which curbs the ability of payday and car-title lenders to trap consumers in an endless cycle of 300% interest debt. It is imperative that Congress oppose any effort …