payday loans

Help Stop The Payday Loan Debt Trap Scam
Image from: Brookins / Richmond Times-Dispatch

Help Stop The Payday Loan Debt Trap Scam

The Consumer Financial Protection Bureau needs to hear your support for strong rules to protect Americans from the predatory payday loan industry and their business model of trapping people in an endless cycle of debt.

The 182 Percent Loan: How Installment Lenders Put Borrowers In A World Of Hurt

One day late last year, Katrina Sutton stood at a gas pump outside Atlanta and swiped her debit card. Insufficient funds. But that couldn't be. She'd been careful to wait until her $270 paycheck from Walmart had hit her account. The money wasn't there? It was all she had. And without gas, she couldn't get to work...