Activists From over the national country Rally at cash advance Storefront Calling for Strong Federal Rules

Activists From over the national country Rally at cash advance Storefront Calling for Strong Federal Rules

Demand Payday that is local Lender Common Sense Rules through the customer Financial Protection Bureau to power down Payday and automobile Title Loan Debt Trap

Milwaukee: a lot more than 100 activists from 25 states converged Monday on Speedy Loan, a lender that is payday Milwaukee, to turn to Speedy Loan Corp. owner and president Kevin Dabney to avoid trapping families in 500-percent-interest, debt-trap loans.

Monday’s action comes midway through the 90-day general general general public remark duration on a proposition to issue the first-ever nationwide guidelines by the customer Financial Protection Bureau (CFPB) to modify the payday and automobile name lending industry. Continue reading «Activists From over the national country Rally at cash advance Storefront Calling for Strong Federal Rules»