Stop your debt trap Keep our state safe from pay day loans

Keep our state safe from payday advances

Keep our state safe from pay day loans

E-mail Richard Cordray

Forward a resounding message to the CFPB and Director Richard Cordray: Stop your debt trap.

what’s payday lending?

Find out about payday financing and its particular history in new york.

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Get informed as to how you can easily avoid your debt trap from time for vermont.

For fifteen years, N.C. legislators, regulators and advocates have actually invested massive bloodstream, sweat and rips to force high-cost financing away from our state and ensure that it stays down.

we have heard of damage first-hand: throughout the four years that payday lending ended up being legal additionally the six more years why these shady loan providers proceeded in order to make loans illegally inside our state, we saw the damage that is tremendous by these triple-digit loans and just how difficult it was for new york families to flee your debt trap.

no body wishes them back — except the lenders that are high-cost whom seem to have endless resources to push their payday agenda.

there is certainly strong and long standing opposition in new york to payday as well as other lending that is high-cost. Continue reading