Category Archives: payday loan business

Payday Industry’s ‘Fake’ CFPB Comments Criticized at Congressional Hearing, Adds stress on Kathy Kraninger to displace Integrity to Tainted Payday Rulemaking Process

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Allied Progress’ Public Comment to CFPB Details the 1000s of Suspiciously Identical Pro-Payday ‘Personal’ Stories Submitted, Urges Payday defenses Be Preserved

View Congresswoman Tlaib’s Questioning Right Right Here

WASHINGTON, D.C. — Reports in the cash advance industry’s renewed efforts to control the CFPB’s payday lending rulemaking procedure had been raised at a Congressional hearing today examining the Trump-CFPB proposition to kill payday defenses – including some reports according to customer advocacy team Allied Progress’ findings that significantly more than 7,000 pro-payday remarks utilized suspiciously duplicative language. Continue reading