Payday lending a “high priority”
October 15, 2010 | Elizabeth Warren, Financial Reform Bill - CFPB | Comments (1)Warren in Ohio. From the story:
Credit card disclosure, harassment of seniors for unverifiable debts and payday lending were among the topics discussed, said Suzanne Acker, a spokeswoman for the Coalition on Homelessness and Housing in Ohio. The meeting with Warren was hosted by the coalition, Americans for Financial Reform, and Policy Matters Ohio.
Warren told reporters before the round-table that payday lending would be a “high priority” for the agency.
Comments»
Make no mistake.
This a fight to the death between Warren and the Payday Lending industry.
Warren will do everything in her power to put the industry out of business…and it is the highest of her priorities.
That is all.