CONTACT:Mike Litt, U.S. PIRG Education Fund workplace: (202) 461-3830 Cell: (702) email@example.com
Report: Research of Payday Complaints Reveals Requirement For More Powerful Federal Protections
Washington, D.C. – customer complaints about pay day loans into the Consumer Financial Protection Bureau (CFPB) reveal a need that is critical strengthening the agencyвЂ™s proposed guideline to rein in pay day loans as well as other high-cost lending, relating to a study released today by the U.S. PIRG Education Fund.
вЂњOur analysis of written complaints towards the CFPB discovered significant evidence of the significant problem with payday advances:
borrowers canвЂ™t manage these loans and find yourself caught in a period of financial obligation. Continue reading “Information Launch. Report: Research of Payday Complaints Reveals Requirement For More Powerful Federal Protections”