Predatory Payday Lending in Colorado
Building wealth is difficult enough, but high-cost lenders, check cashers, and pawn shops that offer predatory loans strip families of savings and make economic mobility even harder.
Building wealth is difficult enough, but high-cost lenders, check cashers, and pawn shops that offer predatory loans strip families of savings and make economic mobility even harder.
The concerns raised during this event are just part of the student debt crisis, but they play a significant role in the financial futures of student borrowers.
Members of the Fair Lending for a Thriving Colorado coalition call on Secretary DeVos to protect student borrowers from predatory loan servicers.
Some coalition members submitted the following letter in response to the CFPB's proposed rule on payday, vehicle title, and certain high-cost installment loans.
