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Yesterday the Trump Administration unveiled its plan to roll back protections for borrowers. The new plan will allow payday lenders to more easily pray on borrowers and trap them in a cycle of fees and penalties. #StopTheDebtTraphttps://twitter.com/CRLONLINE/status/1093535784852967429 …
One of the goals in creating the @CFPB was to protect hardworking Americans from lenders who would seek to take advantage of them. The Trump Administration has sought to undermine it since Day One. This is the latest step in that effort.https://www.washingtonpost.com/business/2019/02/06/cfpb-proposes-weakening-obama-era-payday-lending-rule-win-industry/?utm_term=.deb5192d5443 …
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