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All posts tagged "predatory lenders"

#NNPA BlackPress4 years ago

Consumer Financial Protection Bureau Gives a Green Light to Predatory Payday Lenders

NNPA NEWSWIRE — “There is never a good time to enable predatory loans carrying 400% interest rates,” noted Mike Calhoun, President of the Center for Responsible...
#NNPA BlackPress5 years ago

COMMENTARY: Debt collectors target consumers of color, people making less than $50K

NNPA NEWSWIRE — Under the Trump Administration, a consistent and focused deregulation effort has been underway to turn CFPB into a toothless tiger. It’s almost as...
#NNPA BlackPress5 years ago

OP-ED: Reform Alternative Business Lending Practices to Protect Small-Business Owners

NNPA NEWSWIRE — Lenders have been requiring their small business borrowers, as a condition of receiving any short-term loans from them, to sign confessions of judgement...
#NNPA BlackPress6 years ago

COMMENTARY: CFPB Denies Duty to Enforce Military Lending Act

NNPA NEWSWIRE — Despite this abundance of complaints and warranted enforcement, CFPB’s first Trump-appointed leader, Mick Mulvaney as Acting CFPB Director, turned an about face on...
Business10 years ago

Poor Communities Lose Billions to Predatory Lenders

By Freddie Allen NNPA Senior Washington Correspondent WASHINGTON (NNPA) – Predatory lenders continue to target poor, Black and Latino communities, siphoning off $103 billion in...

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