Payday Lending: A 400% Interest Debt Trap

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Put A Face to Predatory Payday Loans

Payday lending traps borrowers in long-term 400% interest debt, making them vulnerable to overdue bills, overdraft fees, credit card delinquency and bankruptcy. A 36% cap on annual interest is the only way to spring the debt trap.

Join our campaign to put a face to payday lending, then ask Congress to support a 36% rate cap.