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Brown Applauds CFPB’s Action to Fight Predatory Payday Lending

Brown Applauds CFPB’s Action to Fight Predatory Payday Lending Top Customer Agency Proposes New Rules to Curb Payday, Automobile Title Loan Debt Traps WASHINGTON, D.C. – U.S. Sen. Sherrod Brown (D-OH) today praised the buyer Financial Protection Bureau’s (CFPB) proposed rules to rein in predatory payday and vehicle name loans that usually keep low-income customers caught in a period of financial obligation. “Ohioans are making it clear they want defense against predatory...

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