Many of the same Republican lawmakers who have targeted the Consumer Financial Protection Bureau for cuts have collectively directed thousands of constituents’ complaints about banks, credit cards, loans and other products to the agency.
The Lac du Flambeau tribe of Wisconsin settled a civil suit filed by Minnesota’s attorney general that alleged its triple-digit interest rates violated state caps. The tribe is under increasing legal pressure nationally over its lending practices.
No statewide agency monitors Georgia’s high-interest title lenders, so we used a variety of data sources to reveal the scope of the industry and its impact on customers who file for bankruptcy.