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Allied Progress Gifts Its Final Nominees when it comes to Payday Lenders Hall of Shame

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Allied Progress Gifts Its Final Nominees when it comes to Payday Lenders Hall of Shame

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WASHINGTON, D.C. – Today, customer advocacy company Allied Progress revealed the sixth and last round of nominees towards the Payday Lender Hall of Shame once the comment that is public gets hotter on the Trump-CFPB proposition to tear away a crucial customer security from the pay loan financial obligation trap. Spoiler Alert: every single nominee through the predatory lending industry are champions beneath the Trump administration’s want to tear within the ability-to-repay standard.

“It’s tough to find the worst of this worst among a lot of disreputable figures into the pay day loan industry whose resumes consist of anything from participating in a Ponzi scheme to spreading racist vitriol, and that have collectively racked up huge amount of