predatory loans
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D.C. AG Sues Online Lender for Predatory Loans to City Residents
D.C. Attorney General Karl Racine has sued OppFi, an online financial institution accused of making predatory and deceptive loans to…
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Federal Proposals Would Strip Away Payday Loan Rate Caps in 16 States and D.C.
On Main Street America, millions of people know that the cost of living is rising faster and higher than their…
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Regulatory Rollback on Student Loans Takes Away Borrower Protections
An ill-advised governmental action will financially doom rather than free millions of student loan borrowers.
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War on the Hill: The Future of Payday Loans
At an April 30 Capitol Hill hearing, the multi-dimensional problems wrought by small-dollar, high-cost loans were brought to the attention…
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Activists, Clergy Support Feds’ Crackdown on Payday Lending
After five years of field hearings, town hall meetings, multiple research reports, and over one million comments, the Consumer Financial…
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Feds Sue for Consumer Restitution From High-Cost Online Installment Lenders
Four online lenders offering high-cost, small-dollar installment loans face a federal lawsuit alleging that the lenders collected on debts that…
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Faith Leaders to CFPB: Rein in Predatory Payday Loans
From city to city and state to state, Black America’s access to mainstream financial institutions has been replaced with high-cost,…
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Ninety Million Consumers Save $2.2 Billion Each Year without Triple-digit Interest Loans
By Charlene Crowell (NNPA News Wire Columnist) News – we read it, talk about it, even complain about it from…
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New Forms of Predatory Lending: Unsafe Installment Loans, Open Lines of Credit
Over the past decade, no state has authorized either predatory payday or car title loans. That consumer financial progress came…
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Financial Predators Still Target Active Duty Military
By Charlene Crowell NNPA Columnist The men and women who wear our nation’s uniform are expected to defend our…
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