100 Activists From throughout the Country Rally at pay day loan Storefront Calling for Strong Federal Rules
Demand neighborhood Payday Lender Support Common Sense Rules through the customer Financial Protection Bureau to turn off Payday and vehicle Title Loan Debt Trap
Milwaukee: a lot more than 100 activists from 25 states converged Monday on Speedy Loan, a payday lender in Milwaukee, to ask Speedy Loan Corp. owner and president Kevin Dabney to avoid trapping families in 500-percent-interest, debt-trap loans.
MondayвЂ™s action comes midway through the 90-day general general general public remark duration for a proposition to issue the first-ever nationwide guidelines by the customer Financial Protection Bureau (CFPB) to manage the payday and automobile name industry that is lending. (more…)
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