To: Consumer Finance Protection Bureau (CFPB)

Stop Payday Predators

Stop Payday Predators

Close the loopholes to keep payday lender sharks at bay.

Why is this important?

Payday lenders purposefully ensnare people in debt they can’t escape. These legalized loan sharks collect 75 percent of their fees from people stuck in more than 10 loans a year by charging 300 percent APR. It’s a debt trap.