Tag: Payday Lenders
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…
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…
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…
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…
