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Tag Archives: predatory lending
Urge Your State Legislators to Keep Predatory Payday Loans Out of PA
While there is no bill filed yet this session, out-of-state payday lenders are working hard in Harrisburg to build support for legalizing predatory payday loans. We need your help to protect Pennsylvania’s existing strong laws against predatory lending. Send a … Continue reading
Payday Loans Target the Poor, At-Risk–Take Action
From United Methodist Advocacy PA (http://www.umadvocacypa.org): Act now to prevent predatory payday loans from coming to Pennsylvania. Payday loan lobbyists have worked over the summer to convince state senators that the predatory, high-interest loans are good for Pennsylvania. They want … Continue reading
Posted in Economic Justice, Take Action
Tagged payday lending, predatory lending, usury
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Still Time to Take Action Against Predatory Pay Day Lending
From PathWays PA (http://www.pathwayspa.org): Last week the State House passed HB 2191 (http://www.legis.state.pa.us/cfdocs/billinfo/billinfo.cfm?syear=2011&sind=0&body=H&type=B&BN=2191), a bill that legalizes predatory payday loans in Pennsylvania. While the bill moves forward there are still ways you can take action to stop this legislation: Contact … Continue reading
Take Action to Stop Predatory Lending
The National Community Tax Coalition (NCTC at http://action.tax-coalition.org/) is asking for help in opposing H.R. 1214 (http://www.govtrack.us/congress/bill.xpd?bill=h111-1214). This is a bill that will effectively legitimize predatory lending by capping interest rates at 391%, undermine current reform efforts in states around the … Continue reading