Sen. Elizabeth Warren, Community Activists, Faith Leaders Address Moral Imperative to Rein In Payday Lenders

Leaders Call for Comments to Consumer Financial Protection Bureau to Stop The Debt Trap Washington, D.C. – September 27th, U.S. Sen. Elizabeth Warren (D-MA), joined by faith leaders and community activists from around the country, spoke at a tele-town hall about the dangers of payday lending, and why we have an obligation to stop the predatory payday loan debt trap. …

Payday Reform News: August 13-19

Highlight: August 17, North Dallas Gazette: Faith Leaders Call for End to Abusive Payday Lending Practices This article summarizes the opinions of faith leaders on the CFPB rule regarding payday. The author mainly focuses on the faith leader’s joint criticism of the rules many loopholes. The author focuses on the 6-loan loophole for the majority of the article, as faith …