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Grassroots Group Responds to CFPB Payday Lending Rule, Pledges to Continue Fight to Protect Families from Predatory Lenders


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Grassroots Group Responds to CFPB Payday Lending Rule, Pledges to Continue Fight to Protect Families from Predatory Lenders

Kansas City, MO - Today, as the Consumer Finance Protection Bureau releases their long-awaited proposed rule on payday lending, opening the period for public comment, members of National People’s Action (NPA) across the country are taking action and speaking up.

NPA, which has been working to reform the predatory lending industry for years, is pleased that the process is moving forward, but is disappointed with the initial proposal. NPA and the families we work with, pledge to continue fighting to make sure the protections are as strong as possible.

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