Highlight October 10, Chicago Tribune: There’s High Interest in Cracking Down on Payday Loans This article gives a general overview of the fight against payday lending the in the last 20 years, and the difficulties that must be overcome in order to create a feasible solution to this issue. This article quotes Mike Calhoun. More Coverage: Wall Street Journal Partner …
Payday Reform News: Week of May 31
May 27, 2016 Kansas City Star Hopes soar on effort against payday loans Other Top Stories: May 31, 2016 Columbia Missourian CARL KENNEY: It’s time to stop financial predators from gouging the vulnerable Payday lenders are gangsters protected by our state government. They wreak havoc on families who make the decision to pay high interest rates because they have few …
Payday News, week of April 15, 2016
April 14, 2016 The White House Blog A Moral Case for Putting a Stop to Payday Lending Abuses What emerged was a common, powerful theme: that we have a moral obligation as a country to do something to stop payday lenders from preying on consumers by trapping them in an endless cycle of debt. More coverage: The Wall Street Journal …
Payday News, week of April 8, 2016
Blogs, posts & press releases: April 2016 Center for Responsible Lending Enfoque: Payday (PDF) Spanish language magazine published by CRL with an issue focusing exclusively on payday lending. April 8, 2016 New Economy Project New Economy Project and Allies Go to DC to Demand Strong Payday Lending Rule Community and clergy leaders from Paydayfreelandia call on CFPB to issue strong …
Payday News, week of April 1, 2016
Partner blogs, posts & press releases: March 29, 2016 Leadership Conference on Civil and Human Rights Letter to Rep. Wasserman Schultz on the “Consumer Protection and Choice Act” “H.R. 4018 would impose a two-year moratorium on any rulemaking by the Consumer Financial Protection Bureau (CFPB) that would regulate “deferred presentment transactions” – better known as, but not limited to, so-called …
Payday News, week of February 19, 2016
February 19, 2016 Huffington Post Watch This Congressman Plagiarize a Lobbyist on Payday Loans February 18, 2016 PYMNTS.com FTC Sends Money To Payday Loan Scam VictimsIn the wake of a payday lending scam that swindled money from consumers, the Federal Trade Commission is sending checks to consumers affected by the ruse. More coverage: Imperial Valley News | FTC Returns Money …
Payday News, week of February 5, 2016
Febraury 4, 2016 Daily Kos These 10 House Democrats Just Voted to Make It Tougher to Investigate & Prosecute Bank Fraud H.R. 766 would curtail federal scrutiny of bank transactions with payment processors, payday lenders, and other companies that are at high risk of engaging in money-laundering, financial fraud, or terrorist financing. February 3, 2016 Waco Tribune Payday lending limits …
Payday News, December 21 – January 8
January 5, 2016 The Hill Blog Stop the debt trap Gary Kalman from CRL posted a response to Jeffrey H. Joseph’s blog about the CFPB rule on payday loans. January 6, 2016 PBS Newshour Fighting the debt trap of triple-digit interest rate payday loans South Dakota has been the epicenter of high interest since the 1980s, when the state repealed …
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