Posts Tagged ‘payday’

Barbara Boxer: Payday Lenders Henhouse

Posted by admin on Thursday, January 25, 2018

Barbara Boxer Money Quote saying Trump has put another enemy of an agency in charge of the (@CFPB) in order to relax regulation and eliminate restrictions intended to protect consumers. Barbara Boxer said:
 
Mick Mulvany helping payday lenders prey on borrowers Quote
 

“A fox in the henhouse does not even begin to compare. Under Mick Mulvany, Trump's Consumer Financial Protection Bureau is now helping payday lenders prey on borrowers” — Barbara Boxer

 
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Elizabeth Warren: CFPB Returned Billions

Posted by admin on Saturday, January 14, 2017

Elizabeth Warren Money Quote saying the effectiveness of the Consumer Financial Protection Bureau is indisputable in protecting consumers in debt to bad actor banks and lenders. Elizabeth Warren said:

[CFPB] has returned nearly $12 billion directly to families who were tricked by big banks, payday lenders, debt collectors, and other financial institutions
— Elizabeth Warren

Donald Trump: Would Be An Easy Payday

Posted by admin on Friday, May 27, 2016

Donald Trump Money Quote saying after agreeing to debate Bernie Sanders, he now won’t – he’s likely been talked down by the republican party. Donald Trump said:

As much as I want to debate Bernie Sanders — and it would be an easy payday — I will wait to debate the first place finisher in the Democratic Party, probably Crooked Hillary Clinton, or whoever it may be
— Donald Trump

Google: We’re Banning Payday Loan Ads

Posted by admin on Thursday, May 12, 2016

David Graff, Director Global Product Policy at Google Money Quote saying payday lending search ads are being banned as of July 16, 2016. Google said:

We’re banning ads for payday loans and some related products from our ads systems. We will no longer allow ads for loans where repayment is due within 60 days of the date of issue
— David Graff, Google

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