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The New York Times
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The New York Times
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Where the conversation begins. Follow for breaking news, special reports, RTs of our journalists and more. Visit http://nyti.ms/2FVHq9v  to share news tips.

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    The New York Times‏Verified account @nytimes 5 Oct 2017

    Payday lenders who make high-interest loans to the poor face tough new regulations from a consumer agencyhttp://nyti.ms/2fOcFEz 

    12:50 PM - 5 Oct 2017
    • 164 Retweets
    • 376 Likes
    • Full Figure Boutique Jussara Do Nasciment Hampton Howell Lisa (Whole Thang) Randy Linder Cwill Jeffery Denton Anna Le Claire Faith&MoneyNETWORK
    32 replies 164 retweets 376 likes
      1. Tamara Brock Segal  🌊‏ @tamarabrock 5 Oct 2017
        Replying to @nytimes @JJohnson2u

        GOOD!!! ITS ABOUT TIME! I call them "loan sharks!" "Predatory lenders!"

        0 replies 4 retweets 15 likes
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      1. Freitfart News‏ @FreitfartNews 5 Oct 2017
        Replying to @nytimes

        This is one of @OrrinHatch's cottage industries. In Utah, he enables payday loan sharks to charge over 400% interest from gullible Mormons.

        0 replies 2 retweets 10 likes
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      1. Venancio G. Santiago‏ @VenancioGSantia 5 Oct 2017
        Replying to @nytimes

        Many of these borrowers from the payday lenders have bare living conditions. There is urgent need to study the economics of the industry.

        0 replies 1 retweet 8 likes
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      1. New conversation
      2. Peacediva‏ @peacediva7 5 Oct 2017
        Replying to @nytimes

        Republicans will do their best to overturn the new rules.

        2 replies 1 retweet 6 likes
      3. 1 more reply
      1. kdino‏ @kdino 5 Oct 2017
        Replying to @nytimes

        As it should be, like 'Title loans' they prey on the needy. I expect strong oppo from the GOP and @realDonaldTrump , who hates the poor.

        0 replies 2 retweets 4 likes
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      1. jane‏ @applPiprogress 5 Oct 2017
        Replying to @nytimes @JJohnson2u

        REGULATIONS? In the era of trump? Hard 2 believe...

        0 replies 1 retweet 2 likes
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      1. Dot Cottonwood​  🇺🇸‏ @dot_cottonwood 5 Oct 2017
        Replying to @nytimes

        Trump administration will soon erase those new rules. This is the can undo administration. They can't do anything, but they sure can undo.

        0 replies 1 retweet 2 likes
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      1. Arnold Syrian‏ @WalterMittyman2 5 Oct 2017
        Replying to @nytimes

        #DeirEzZorHolocaus

        0 replies 1 retweet 1 like
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      1. JKDAnthony10‏ @JKDAnthony10 5 Oct 2017
        Replying to @nytimes

        Does the GOP know about this? Because when they find out they're going to kill it.

        0 replies 0 retweets 2 likes
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      1. Kin Wai Choi‏ @kchoi01 5 Oct 2017
        Replying to @nytimes

        Wait for it, Trump admin removing those restrictions in 3, 2....

        0 replies 0 retweets 1 like
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      1. New conversation
      2. :~{}‏ @RdotCOM 5 Oct 2017
        Replying to @nytimes

        But BofA, chase , wells fargo charge $35+ per NSF even if u overdraw ur account by $1 do the math and know u know who is really behind this!

        1 reply 0 retweets 2 likes
      3. (((Matt)))‏ @AcePicker83 5 Oct 2017
        Replying to @RdotCOM @nytimes

        don't spend money you don't have.. what does payday loan interest have to do with you still writing checks 😂 and bouncing

        2 replies 0 retweets 0 likes
      4. :~{}‏ @RdotCOM 5 Oct 2017
        Replying to @AcePicker83 @nytimes

        Bc I know people in the payday loan biz, everyone spends more than they have! So, u bounce a check 2x a month for $100 ea, Chase gets $70.00

        0 replies 0 retweets 0 likes
      5. End of conversation
      1. Terry Lee for Wisconsin Assembly District 4‏ @Lee4WIAssembly 5 Oct 2017
        Replying to @nytimes

        About time...

        0 replies 0 retweets 1 like
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      1. iamtheMAGAbot‏ @iamtheMAGAbot 5 Oct 2017
        Replying to @nytimes

        #MAGA paydayful lendersful who makewise high-interestful loans to the faceful regulationsful from a consumerful agencyful

        0 replies 0 retweets 1 like
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      1. Colleen Gallagher‏ @CrusaderColleen 5 Oct 2017
        Replying to @nytimes

        As a young single mom not receiving child support I depended on payday lenders frequently to feed my children and pay my rent.

        0 replies 0 retweets 1 like
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      1. Don Hutchison‏ @dphutch 5 Oct 2017
        Replying to @nytimes

        Good.

        0 replies 0 retweets 1 like
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      1. New conversation
      2. MpM‏ @MpM46343799 5 Oct 2017
        Replying to @nytimes

        This will never happen controlled by states.

        1 reply 0 retweets 0 likes
      3. :~{}‏ @RdotCOM 5 Oct 2017
        Replying to @MpM46343799 @nytimes

        Controlled by BANKS!

        0 replies 0 retweets 1 like
      4. End of conversation

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