Analleli Solis (Pu Ying Huang for The Texas Tribune)
Posted in Coronavirus Debt Investigations News Pro Publica

The loan company that sued thousands of low-income Latinos during the pandemic

A monthslong investigation revealed that Oportun Inc., which was founded to help Latino immigrants build credit, routinely uses lawsuits to intimidate a vulnerable population into keeping up with high-interest loan payments — even amid COVID-19. by…

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An Oportun storefront in Austin, Texas. The company announced on Tuesday that it would drop all the lawsuits it has filed against borrowers who fell behind on payments, including during the pandemic. (Allie Goulding/The Texas Tribune)
Posted in Coronavirus Credit Debt Pro Publica

They sued thousands of borrowers during the pandemic — Until we started asking questions

Months into the pandemic, a lender that markets to Latino immigrants continued to sue borrowers after they lost jobs and missed payments. But they reversed course when we started asking questions. by Kiah Collier and Ren…

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Posted in Columns Credit Income Equality Rathke: Chief Organizer Report

Trump team greenlights predatory payday lending

by Wade Rathke New Orleans   We can count the days until we pray that’s it is over, but until then the drumbeat of woe is bound to continue. The gutted Consumer Financial Protection Bureau proved…

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Posted in Columns Debt Rathke: Chief Organizer Report

Why can’t we fix payday lending?

Pearl River   We’ve been fighting payday lending for over fifteen years in Canada with some success as well a truckload of frustration. The issue has been in our sights for several decades in the United…

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