Take Action by May 15th The CFPB is trying to gut a rule that protects consumers from predatory payday and auto lenders. In October 2017, the Consumer Financial Protection Bureau (CFPB) issued a final national rule that requires lenders to … Continued
Please note quote by Rev. Sandy Strauss of the Council below. Vow to Remain Vigilant in Preserving PA’s Existing Protections Against Predatory Lending HARRISBURG – Today, the Consumer Financial Protection Bureau (CFPB) issued federal regulations to protect borrowers from the … Continued
From Americans for Financial Reform (http://www.ourfinancialsecurity.org): The House of Representatives voted to strip the CFPB of all authority over payday lenders. The House Appropriations Bill includes language to eliminate the Consumer Bureau’s authority to enforce the law against payday lenders … Continued