Allied Progress Gifts the following Nominees For The Payday Lender Hall of Shame

Allied Progress Gifts the following Nominees For The Payday Lender Hall of Shame

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CFPB Director Kathy Kraninger Desires To Make These Shady Characters Also Richer On The relative Backs of Hardworking People In America

WASHINGTON, D.C. – Consumer advocacy company Allied Progress today revealed its latest nominees when it comes to Payday Lender Hall of Shame while the Trump administration intends to gut a crucial customer security from the pay day loan debt trap. The series that is continuing last week introduces some of this worst actors within the economic climate with records of dishonest, exploitive or simple unlawful behavior that for reasons uknown the Trump management prefer to assist than everyday customers.

“The Payday Lending Industry’s work work bench of CEOs with dubious or ordinary sketchy backgrounds operates deep, from a CEO in Florida who’s prohibited from offering insurance coverage due to their past that is criminal to western Coast professional that has over and over over and over over and over over and over over and over repeatedly skirted what the law states. Yet CFPB Director Kathy Kraninger and President Trump wish to assist these forms of predatory loan providers make use of individuals they understand complete well can’t pay straight back high-interest loans on time.” said Patrice Snow, spokeswoman of Allied Progress.

She proceeded, “The payday financing industry gets payback when it comes to $2.2 million they provided to Trump campaign and inauguration committees. Continue reading “Allied Progress Gifts the following Nominees For The Payday Lender Hall of Shame”

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