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Published on May 31, 2016
UPDATE: Rep. Debbie Wasserman Schultz Has Reversed Course, Backed CFPB Effort to Rein in Predatory Payday Lenders. DETAILS: http://aldpr.gs/22CxKm7
TAKE ACTION ★ http://DebtTrapDebbie.com ★ Rep. Debbie Wasserman Schultz says “payday lending is unfortunately ... necessary.” But payday loans in Florida have an average interest rate of more than 300% and trap consumers in a crippling cycle of debt. That's why the NAACP, Southern Poverty Law Center, Florida Legal Services, and hundreds of other civil rights and consumer protection groups opposer her bill that would bring the disastrous "Florida model" of payday lending to the rest of America. Payday lending isn't necessary. It’s predatory. Tell Debbie Wasserman Schultz to stop siding with payday lenders.
A nationwide nonprofit grassroots organization, Allied Progress uses hard-hitting research and creative campaigns to hold powerful special interests accountable and empower hardworking Americans. This new endeavor will run aggressive campaigns that target a range of powerful interests including payday lenders, major financial institutions and other corporations, leaders of industry, special interest trade groups and lobbyists, for-profit colleges, voter suppression advocates, and more. Allied Progress will expand its reach through digital and social media actions, earned and paid media initiatives, and this website featuring the latest on its various campaigns.