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House Republicans ready to give the CFPB the Benghazi treatment

US Politics / Liberal : Daily Kos

Rep. Jeb Hensarling, fighting for the right of a payday lender to charge 300 percent interest. Because protecting the American consumer against predatory financial practices by Wall Street, auto dealers, payday lenders, etc. is almo...

CFPB Report Confirms Payday Lenders And Debt Collectors Are The Worst

Lifestyle / Shopping : The Consumerist

For decades, payday lenders and debt collectors did their work while being largely ignored by federal financial regulators. And a new report from the Consumer Financial Protection Bureau, which recently gained oversight authority ov...

Consumers are getting new protections from predatory lenders, and the lenders are outraged

US Politics / Liberal : Daily Kos

The Consumer Financial Protection Bureau is cracking down on some of the payday lending industry’s most abusive practices, and boy are payday lenders getting whiny about it. So very whiny—and all kinds of poutraged. “The CFPB has ma...

Regulators Continue Siege Against Payday Lenders

Business & Finance / Personal Finance : Forbes: Personal Finance

The Consumer Financial Protection Bureau (CFPB) wants to reform the payday lending industry. And it is not surprising that the industry has attracted regulatory attention. Payday lenders regularly trap people in debt with effective ...

The CFPB Plans On Regulating Payday Lenders, But What Will The Unintended Consequences Be?

Business & Finance : Zero Hedge

The Consumer Financial Protection Bureau (CFPB) plans to crack down on payday lenders, moving to regulate high-interest, low dollar loans that are made by storefront lenders to an estimated 12 million lower-income households living ...


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