Allied Progress Presents Its 3rd collection of Nominees for the Payday Lender Hall of Shame

Allied Progress Presents Its 3rd collection of Nominees for the Payday Lender Hall of Shame

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The Trump-Kraninger CFPB Would Like To Assist These Payday that is high-Flying Lender Get Also Richer At Expense of Vulnerable Customers

WASHINGTON, D.C. – Consumer advocacy company Allied Progress unveiled its 3rd collection of nominees for the Payday Lender Hall of Shame while the Trump management nevertheless intends to gut a vital customer security from the pay day loan debt trap. This week, the most notable professionals at Spartanburg, Southern Carolina-based Advance America have actually guaranteed the honor.

From a personal jet-loving professional involved with almost a $19 million settlement over their business’s illegally excessive rates of interest, up to a CEO whom led workers to intimidate borrowers at their workplaces, up to a VP whom dismisses payday financing caps as “arbitrary” while acknowledging Advance America’s average customers simply take seven or eight pay day loans per year, issue has got to be expected time and time again: why are folks such as this getting profitable unique therapy through the Trump management? Читать далее «Allied Progress Presents Its 3rd collection of Nominees for the Payday Lender Hall of Shame»