Report: Customer Protection. This report discusses pay day loan complaints from numerous perspectives

Predatory Loans & Predatory Loan Complaints

Here is the 7th in a series of reports that review complaints to your CFPB. In this report we explore customer complaints about predatory loans, classified when you look at the database as pay day loans, installment loans, and car name loans.

That is our very very very first are accountable to include an analysis of consumer narratives or written explanations of dilemmas — an addition towards the database we advocated for with Americans for Financial Reform and accomplished year that is last. Continue reading