Without a doubt about Nonprofit group targeting lenders that are payday
The $10 billion payday financing industry is under assault with a lawn origins nonprofit team that seeks to counteract lenders’ strong lobbying efforts as federal regulators think about new guidelines to rein with what some see as abuses among short-term loan providers.
Nationwide People’s Action, a system of 30 businesses in 17 states with 85,000 people, revealed a multimedia campaign on Wednesday which will paint payday loan providers as destructive and underhanded, trapping borrowers in a period of financial obligation while making multimillionaires away from lending executives. Ler mais