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Merkley Leads Senators in pressing CFPB to Crack Down on Predatory payday advances

Merkley Leads Senators in pressing CFPB to Crack Down on Predatory payday advances

WASHINGTON – In a page provided for the Director regarding the Consumer Financial Protection Bureau (CFPB) today, six Senators – Oregon’s Senator Jeff Merkley, along side Sen. Dick Durbin (D-IL), Sen. Tom Harkin (D-IA), Sen. Tom Udall (D-NM), Sen. Richard Blumenthal (D-CT), and Sen. Elizabeth Warren (D-MA) – pushed the bureau to just simply take brand new action to protect consumers from predatory storefront and online pay day loans. The page comes due to the fact CFPB makes guidelines when it comes to small buck financing market.

Sigue leyendo Merkley Leads Senators in pressing CFPB to Crack Down on Predatory payday advances