Rapid Response
Showing the Latest
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Reporter Fails to Note Supposed Payday Success Story Works for a Payday Lender
Newspaper failed to note that a payday lender accounted for 80% of the supposed success story’s business in 2015.
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Payday-Funded Group Cites Payday-Funded Poll to Argue Against CFPB’s Payday Rule
The main payday lending industry trade group contributed $385,000 to the US Hispanic Chamber of Commerce from 2011-2014.
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Race-Baiting Propaganda Outlet Failed to Disclose Conflicts of Payday “Success Story” It Profiled
Breitbart News profiled a supposed payday lending “success story” but didn’t disclose his conflicts of interest.
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Small Businessman Claims to be Satisfied Payday Customer, Fails to Note 80% of His Revenue Comes from Payday Lender
Author of op-ed in The Hill failed to mention he’s a contractor for payday lenders and that’s where 80% of his revenue comes from.
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Payday Industry Front Group’s “Voices of Support” Took at Least $492,000 from Payday Lenders
The elected officials listed by Floridians for Financial Choice as “Voices of Support” have accepted at least $492,300 in campaign contributions from the payday lenders.
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Payday Spokesman Who Once Labeled Industry Risky, Claims Borrowers Have Few Complaints
Study shows majority of payday consumers feel taken advantage of by payday lenders and nearly 3/4’s of borrowers support more regulation of industry.
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Florida Progressives Support CFPB’s Payday Reforms, Apparently Alcee Hastings Didn’t Get the Memo
Just last week Reps. Debbie Wasserman Schultz and Patrick Murphy abandoned their support for the “Florida model” in favor of the CFPB’s approach.
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Payday Lender Whose Company Violated Laws Says ‘Don’t Compare Us with Lenders Who Break Laws’
His company has a history of violating state laws, including the laws of the very state the CFPB hearing was held in where he made his statement.