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Osobe Vidi sve
@StopTheDebtTrap A national coalition of over 750 groups seeking to stop the debt trap caused by
payday, car title, and installment loans. #StopTheDebtTrap#DefendCFPB -
@FDICgov &@USOCC claim to be enforcing the law regarding Rent-A-Bank schemes…? "It's been lip service," says@SavvyLatina. They've taken no enforcement actions against the worst actors and even "emboldened" predatory lenders with their recent proposals#StopTheDebtTrap pic.twitter.com/RAdrbuWpmpPrikaži ovu nit -
The great
@hrw Human Rights Watch chimes in on debt traps, predatory payday lending. Consumer rights are human rights#StopTheDebtTrap https://thehill.com/opinion/finance/476742-the-assault-on-consumer-protection … -
Predatory lenders make money off the poor by charging extortionate interest rates, forcing people to choose between paying off a loan and putting food on the table. Congress should end these abuses by passing a federal interest rate cap.
#StopTheDebtTrap https://www.hrw.org/news/2020/01/22/us-congress-should-end-extortionate-interest-rates … -
“Payday loans lead borrowers to become unbanked,” says Graciela Aponte-Diaz, CRL’s Dir of Federal Campaigns during rent-a-bank hearing.
#StopTheDebtTrap -
Proud to cosponsor legislation to cap interest rates to stop pay day lenders from robbing low-income borrowers.
#FairLending#StopTheDebtTrap pic.twitter.com/voxOhSpV2W
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#StopTheDebtTrap Between 2016-2109 4.7million payday loans worth $3.09Billion taken by 1.77million Australians. Victorians are taking out the most new loans, mostly single mums trying to pay utilities, rent, food. The Government needs to act to prevent further harm pic.twitter.com/up3NnAgRTp
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@RepRashida, you're absolutely right. We should not be favoring banks and corporations over working and middle class families. But that's what@FDICgov &@USOCC are trying to do. Get to work helping the people and don't aid bad actors looking to break the law#StopTheDebtTrap pic.twitter.com/YHQb2gSi3OPrikaži ovu nit -
Dancing loan shark in front of
@FDIC before#CFPB Dir Kraninger walked in for today’s vote that could allow rent-a-bank schemes. She walked in right after we stopped filming and politely said “good morning” after she saw the sign.#StopTheDebtTrap pic.twitter.com/5wTxpGXo8V -
CRL Statement: Capping Payday Loan Interest Rates at 36% a Game Changer for South Dakota
#StopTheDebtTrap https://www.responsiblelending.org/media/new-crl-report-capping-payday-loan-interest-rates-36-game-changer-south-dakota …pic.twitter.com/Q7WmjPtigs
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This morning
@SavvyLatina testified on the harms of rent-a-bank schemes, used to evade state laws & prey on financially vulnerable consumers#stopthedebttrap pic.twitter.com/y2rpSeGK5R
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@BradSherman, we were thinking the same thing! How on earth are consumers hurt by taking out FEWER payday loans?! Thanks for revealing that political spin#StopTheDebtTrap pic.twitter.com/y8sEMakaNJPrikaži ovu nit -
Thank you
@BigElad for caring about the people in Missouri and standing up for fair lending.#StopTheDebtTrap https://twitter.com/BigElad/status/1224841755717197830 … -
It's time to do for everyone what has been done for our military, cap the rate, all fees included on predatory lending, which is designed to trap people in debt.
#StopTheDebtTrap#VCFCAhttps://twitter.com/MOFaithVoices/status/1224709216692326401 …
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There’s a loan shark at the
@FDICgov awaiting the vote that could approve rent-a-bank schemes.#StopTheDebtTrap pic.twitter.com/4S5tnaeN7r
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@FDICgov Chair McWilliams is allowing@bankrbt and@FinWiseBank to evade state rate caps and offer predatory loans @ 160% APR through@OppLoans.@RashidaTlaib asks "WHY?!" When you say you frown upon these arrangements and are not in favor of predatory lending?#StopTheDebtTrap pic.twitter.com/mQ8TycBXfW -
CRL Statement: Consumer and Civil Rights Groups Urge Federal Banking Regulator to Stop Rent-a-Bank Payday Loan Schemes
#StopTheDebtTrap https://www.responsiblelending.org/media/consumer-and-civil-rights-groups-urge-federal-banking-regulator-stop-rent-bank-payday-loan …pic.twitter.com/pFldFVMojn
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The House Financial Services Committee is convening for a hearing on Rent-A-Bank schemes and how online lenders are trying to maneuver past state interest rate caps. Tune in NOW
#StopTheDebtTrap https://www.youtube.com/watch?v=SXHMfpwLhHc …Prikaži ovu nit -
Advocates submitted a comment letter late yesterday to
@FDICgov strongly opposing a proposal that risks green lighting triple-digit#RentaBank schemes. Lenders funnel their loans through rogue banks to avoid state limits on predatory loans#StopTheDebtTrap https://www.nclc.org/media-center/consumer-and-civil-rights-groups-strongly-oppose-fdic-rent-a-bank-payday-proposal-that-would-sidestep-state-interest-rate-caps.html … pic.twitter.com/0ZQ7HtWbqu
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In MS, LA, AL, & TN, high-cost lenders already drain > $1.6 BILLION annually from people trapped in payday and car title loans. These dangerous proposals will encourage high-cost lenders to drain even more, now with the willing help of bank partners.
#StopTheDebtTrap https://twitter.com/HOPE_Policy/status/1217895901290811392 … -
Faith leaders and advocates held 5 prayer vigils across VA to call attention to lenders charging 300% interest! SIGN OUR PETITION TO SUPPORT SB421
#stopthedebttrap of predatory lending reform! http://tinyurl.com/predatorylending2020 …pic.twitter.com/1VEnrVN1OR
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