BUT, they need to hear from consumers- that means you! We have an easy-to-use page where you can weigh in- it only takes a minute and will help bring about important consumer protections with these loans. Please share a line or two in the comments box about why you care about this issue and want to see strong federal reforms.
If you haven’t watched it yet, John Oliver and Sarah Silverman have an AWESOME segment on payday lenders and why they are so scuzzy. Check it out, and after you watch it, consider signing CRC’s petition to the CFPB, calling on the CFPB to put customers first when they design new rules for payday lenders.
Still fired up? Check out CRC’s collection of 45 editorials against payday lenders, Our Payday Lender Hall of Shame, or our recent update on Seven New Laws, policies, and settlements related to payday lending.