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WASHINGTON, D.C. – Today, consumer advocacy team Allied Progress delivered its 4th group of nominees for the Payday Lender Hall of Shame once the Trump management will continue to propose gutting a vital consumer security contrary to the debt trap that is payday. The newest nominees are three top executives who have been exploiting vulnerable customers – or even the “Average Joe” as you exec places it — for decades and now have learned the governmental game.
From the “pioneer” in the market who’s unapologetically spewed racist views while still persuading political applicants to have a truckload of their cash, up to a lender that is payday reported about expanding exactly the same defenses against predatory loan providers that army families enjoyed to any or all People in the us, to CEO whom ran a payday company that ordered managers to “solicit poor, black residents” also to “’keep clients dependent … forever, when possible.” This week’s nominees are especially sleazy and may never be less deserving of special therapy through the authorities. Continue reading “Allied Progress Goes Old Class With Its installment that is fourth of Payday Lender Hall of Shame”