Van Hollen Presses CFPB’s Kraninger on Proposed Rollback of Payday Lending Consumer Protections

Van Hollen Presses CFPB’s Kraninger on Proposed Rollback of Payday Lending Consumer Protections

“You are starting the doorway to bad actors – it’s really crazy”

Today U.S. Senator Chris Van Hollen (D-MD) questioned customer Financial Protection Bureau (CFPB) Director Kathy Kraninger in the Bureau’s proposal that is recent move right back guidelines to safeguard customers from predatory payday financing methods. Continue reading “Van Hollen Presses CFPB’s Kraninger on Proposed Rollback of Payday Lending Consumer Protections”