What About Bob (and Lamar!)?

This week, 33 U.S. Senators sent a letter to the Consumer Financial Protection Bureau (CFPB) encouraging them to adopt strong rules to rein-in the predatory practices of payday lenders. Here’s the list of the 33 Senators who have signed so far: Baldwin, Blumenthal, Booker, Boxer, Brown, Cantwell, Cardin, Coons, Durbin, Feinstein, Franken, Gillibrand, Heinrich, Hirono, Kaine, […]

Share

Protect Early Voting in Nashville

In a statement released today, we called on the Metro Council and the Davidson County Election Commission to come together to protect access to early voting in Nashville. As a result of actions taken last week, satellite voting locations for early voting will not be available for the upcoming Mayoral and Council elections. The Election Commission meets […]

Share

How to Stop the Sharks!

A Tennessee Loan Shark on the Prowl Legalized loan sharks in Tennessee use payday loans to prey on vulnerable, hard-working citizens. But, Tennessee Citizen Action is fighting back. In this issue of The Loan Shark Ledger, we have a handy video that shows how the payday lenders can be reined-in. The Pew Trusts explain what can be […]

Share

ALEC’s Money Laundering Machine Hits Tennessee

A recent news report out of Georgia turned up some disturbing happenings at the American Legislative Exchange Council’s (ALEC) Spring Task Force Meeting in Savannah. Lobbyists paying for “scholarships” to cover legislator expenses. Secret policymaking meetings where the press was banned. A so-called “non-profit” that works as a money laundering machine for its corporate donors. […]

Share

Baptists Join Fight Against Payday Predators

A Tennessee Loan Shark on the Prowl Momentum is building to rein-in the legalized loan sharking that is payday lending. We recently introduced The Loan Shark Ledger — a chronicle of the usurious practices of payday lenders. Just this week, religious leaders representing a diverse group of faiths, including the Nashville-based Southern Baptist Convention, announced a bold […]

Share

Taking a Bite Out of Loan Sharks

  Last week, we introduced The Loan Shark Ledger — Tennessee’s chronicle of the legalized loan sharking that is payday lending. This week, I’m pleased to let you know people are taking notice. Two different news outlets reported on our efforts to rein-in the sharks. Here’s what they reported: Trapped in a Cycle of Debt – WKPT […]

Share

« Previous PageNext Page »