Understanding you can act on
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| Published: | 2016-Jun-02 |
| Last Updated: | 2016-Aug-25 |
| Principal Writer: | Barry Shatzman |
 | Understanding The Issue |
| Issue Status |
 | What You Can Do |
| More Information |
WE NEED YOUR HELP!
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You can tell the CFPB your thoughts about the regulations
The CFPB must consider public comments before enacting these new regulations. You can let the agency know your thoughts through Oct. 7.
Click here to read public comments already submitted or to add your own comment.
There can be future legislation regarding payday loans
This proposed regulation does not require action by Congress, so there is no short-term value in writing to your representative.
However, legislation still can address these issues - including limiting the amount of annual interest that can be charged for a loan. It is up to you to let your representative know your thoughts about how they can represent your interests and the interests of most americans (versus the interests of payday lenders).
Click the button to the left and you can have your letter completed in less than 5 minutes (Members only. If you are not a member you will be able to join first.)
Click here to continue to the next section of this issue...