CAG Action Alert

Take Action: Tell the CFBP to keep its strong payday lending rule!

West Virginia Citizen Action Group
West Virginia
Citizen Action Group
May 7, 2019 View / Comment Online

 Donate 

 

From our friends at the WV Center on Budget & Policy:

The Consumer Financial Protection Bureau (CFPB) is rolling back a recently created rule that requires predatory payday lenders to make affordable loans. Without this rule, payday loan sharks can prey on vulnerable consumers with debt trap loans causing default on other bills, overdraft fees, and even bankruptcy. Even though payday lending is illegal in West Virginia, many people fall victim to predatory lending in our neighboring states or online. A strong rule is so important to protect people from falling into the debt trap.

Please take a moment and add your name to the voices calling for the CFBP to keep its strong payday lending rule! Send in your comments by May 15. 

 
May 23 2020  Action Alert
Join Us for a Healthcare for ALL Virtual Town Hall
May 8 2020  Action Alert
Help Fix Our Broken Health Care System – Tell Us What You Think
Apr 22 2020  Action Alert
Earth Day 2020: Strike, divest, and vote for our future
Apr 17 2020  Action Alert
Collective Care in the Time of Covid-19

Leave a Reply

Your email address will not be published. Required fields are marked *

Send this to a friend