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CFPB’s Commercial Collection Agency, Payday Lending Rules Come Under Fire In Congressional Hearing

CFPB’s Commercial Collection Agency, Payday Lending Rules Come Under Fire In Congressional Hearing Payday financing practices once again arrived under fire Wednesday from people of the U.S. Congress, as Kathy Kraninger, director for the customer Finance Protection Bureau (CFPB), encountered lawmakers in their semi-annual writeup on the agency. The hearing, ahead of the U.S. home...

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Let me make it clear aboutDebt-Trap Debbie Swimming With the Loan Sharks

Let me make it clear aboutDebt-Trap Debbie Swimming With the Loan Sharks Debt-Trap Debbie needs to stop shilling for predatory lenders that are payday siphon $8 billion in costs and interest every year from people who can minimum manage it. Which was the message delivered this week to Florida Rep. Debbie Wasserman Schultz’s home at...