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We Must Close The Payday Loan Debt Trap Once And For All

Thursday, October 6, 2016
Julianne Malveaux | Insight News
Sekinah Hamlin

The Rev. Sekinah Hamlin, who leads faith initiatives for the Center for Responsible Lending, says that faith leaders have mobilized, because they expect that the payday lending industry will fight any regulations to curtail their activity. The CFPB will be accepting comments about payday lending until Oct. 7, and the Center for Responsible Lending hopes that people will share letters and comments encouraging CFPB to curtail predatory payday lending.