Legislation, proposed by Sens. Van Hollen and Brown along with Rep. Chuy Garcia of Illinois would rescind the Trump-era rule and reestablish states’ right to protect their residents with interest rate caps.
Predatory lenders shouldn’t get to take advantage of the terrible economic hardships of this pandemic. Congress must cap sky-high interest rates in the next Coronavirus relief package.
The Coronavirus pandemic is a health crisis like we have never seen before, and it is colliding with the economic crisis of this generation — student loan debt. Lost wages and medical costs will impact families across the country for weeks, months, and years to
Right now, your member of Congress is considering a bill that would make sure that payday loan sharks can’t charge sky-high, triple-digit interest rates on their deceptive loans. Passage would be a big victory in the fight against the predatory payday Debt Trap. Use our online tool to send an email to your members of Congress, telling them to support H.R. 5050 to fight the payday Debt Trap!
Today is the big day! Get the word out to your networks to call your congressional representatives TODAY to ask them to support HR 5050, the Veterans and Consumers Fair Credit Act! The Veterans and Consumers Fair Credit Act is a bipartisan bill that extends the Military
Since the mid 1990s, student borrowers who were defrauded by their college have been entitled to have those loans canceled. Betsy DeVos wants to change that. In the fall of 2016, the Department of Education updated this rule to clarify the process and add protections.
We have just one day left to let the CFPB know that we are already harassed enough by debt collectors — and we won’t stand for even more. The Bureau has proposed letting debt collectors make unlimited texts and emails to you about outstanding debts,
Our economy is in crisis. Wall Street billionaires have bought our politicians and engineered our laws to make it easier to buy and pillage major companies, line their own pockets, and escape consequences it has on working people and our communities when the company fails.
In a recent email to credit card holders, JPMorgan Chase notified its existing customers that they will now be subject to forced arbitration for any past and future dealings with the company. The new policy, which affects 47 million accounts, strips customers of their rights
Cancelling America’s student debt would lift enormous burdens for the over 44 million Americans with student loans. But it would also boost the economy for EVERYONE, whether they have loans or not.