CFPB Director Kathleen Kraninger

102 House Members Rebuke Delay of Payday Loan Rule Waters Led Effort Supported by Many CBC Members

Anyone who struggles with the rising costs of living knows all too well how hard it is to try stretching dollars when there’s more month than money in the household. Predatory lending, like payday and car-title loans, worsen financial stress with triple-digit interest rates that deepen the debt owed with each renewal.