#PaydayLenders Gave Millions to #GOP Group That Backed #SupremeCourt Suit to Annihilate #CFPB, this case that could lead to the elimination CFPB
The #Republican #AttorneysGeneral Association (#RAGA) fought to help a Supreme Court case against the Consumer Finance Protection Bureau. Despite widespread approval among Republican voters to regulate or prohibit #paydaylending, Republican officials in more than 20 states are backing industry groups in the #lawsuit.
https://theintercept.com/2023/08/30/payday-lenders-supreme-court-cfpb-republicans/
#paydaylenders #gop #SupremeCourt #CFPB #republican #attorneysgeneral #raga #paydaylending #lawsuit
This was a gas station until a visitor from #Chicago—bringing the #drugs south, bringing the #guns north—#murdered the man operating it while robbing him. Now it's another #LoanShark in #Mississippi. #PaydayLenders would still be illegal, if our public officials weren't getting their piece. So many murders here since, people barely remember.
#chicago #drugs #guns #murdered #loanshark #mississippi #paydaylenders
Many of us are privileged to borrow money by walking into a bank and asking for a loan, but millions of Americans are denied that genteel experience.
Instead, working Americans increasingly rely on #PaydayLenders and other usurers who charge sky-high interest rates, on top of penalties and fees, trapping borrowers in an endless cycle of indebtedness. This is an historical sign of a civilization in decline: productive workers require loans to engage in useful activities.
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