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Trump-appointed bank regulators are threatening to open the door to predatory payday loans by allowing lenders to use rent-a-bank schemes all over the country.
Today, @FSCDems are discussing ways we can help protect Americans from predatory lending practices.https://twitter.com/FSCDems/status/1225071467412492290 …
Predatory payday loans & sky-high interest rates often force consumers into a debt trap.
That's why it’s important for @FSCDems to pass my Veterans & Consumers Fair Credit Act. All consumers deserve the same protections from debt traps that active-duty service members receive.
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