ARLA

The Alliance for Responsible Lending in Alabama - working to regulate payday and title loans and protect borrowers

[ARLA @ARLAlabama]

@RepMikeRogers @RepMarthaRoby @RepByrne @RepTerriSewell @Robert_Aderholt @mobrooksforsen @USRepGaryPalmer @RepMikeRogersAL Sorry about the mix-up!

[ARLA @ARLAlabama]

If #alpolitics lawmakers won't take action to rein in payday loans, maybe members of Congress will! Click below to let your member of Congress know you support H.R. 5050: @RepMarthaRoby @RepByrne @RepTerriSewell @Robert_Aderholt @RepMikeRogers @mobrooksforsen @USRepGaryPalmer

[AFR @RealBankReform]

Take Action: Fight the payday Debt Trap by supporting H.R. 5050 https://t.co/HGwwH0wsE6

[Alabama Arise @AlabamaArise]

Alabama borrowers suffered a setback Wednesday when a Senate committee blocked a payday lending reform bill. Policy analyst Dev Wakeley talks about what happened and where we go from here. #30DaysToPay #alpolitics https://t.co/gaXmi4jEPx

[Alabama Arise @AlabamaArise]

"The Legislature has had multiple opportunities to act, and I'm really discouraged to see this committee not move this bill forward," Arise's @robynhyden tells @LydiaNusbaum. #30DaysToPay #StopTheDebtTrap #alpolitics

[Exodus Lending @ExodusLending]

Don't let the Payday Loan Grinch steal your holiday cheer!

Triple-digit interest loans can ruin the holidays. The Veterans & Consumers Fair Credit Act (#VCFCA) will extend the 36% rate cap to all consumers, ensuring a joyful season for all.

#StopTheDebtTrap | #ProtectConsumers

[Consumer Action @consumeraction]

The Veterans and Consumers Fair Credit Act would extend the military’s 36% rate cap on consumer loans to all consumers. Take action now and tell your legislators you support setting a limit on interest rates for all consumers! https://t.co/mfJBP7gKFq

[Anjali Tsui @anjalitsui]

For many payday and auto-title lenders, suing and arresting customers is just a part of the business model. My latest: https://t.co/oeFWuM9xKr

[Allied Progress @AlliedProgress]

A national 36% interest rate cap on small dollar loans would put billions more dollars in consumers’ pockets, helping grow the economy rather than the profits of predatory lenders. Congress should pass the Veterans and Consumers Fair Credit Act. #StopTheDebtTrap #VCFCA

[ARLA @ARLAlabama]

Payday lenders rob Americans of $213 per second from exorbitant fees associated with their terrible financial product. See how much payday lenders are costing US families since @CFPBDirector removed federal protections #StopTheDebtTrap #ProtectConsumers https://t.co/QhWmqxWDEL

[ARLA @ARLAlabama]

Veterans use payday loans at a higher rate than most Americans, so instead of providing veterans a tool to improve their lives, payday lenders wealth-gouge the people who have put their lives on the line to keep Americans safe. The VFCA will #ProtectConsumers and #StopTheDebtTrap

[ARLA @ARLAlabama]

Borrowers need protection from predatory lenders. The Veterans and Consumer Fair Credit Act will accomplish just that by capping the astronomical, triple-digit interest rates predatory payday lenders charge everyday Americans. The #VCFCA will #StopTheDebtTrap!

[Exodus Lending @ExodusLending]

The @CFPB will keep its consumer complaints database open to the public. This database is critical for transparency on abusive lenders and collectors.

#StopTheDebtTrap | 📝: @hrw
https://t.co/eGj8zHOrJX

[Exodus Lending @ExodusLending]

What are payday loans? They're a nightmare. 😱

These "short-term" loans carry triple-digit interest rates that often lead to a debt trap that is anything but "short-term," lasting months or even years. 😵

#StopTheDebtTrap | 📝: @moneywisecom
https://t.co/SZhw4iXTa9

[AFR @RealBankReform]

Terry had just returned to work following cancer treatment when she received a phone call. Then another. And another. The calls were to collect a debt she'd paid 10 years prior.

Terry's story is far from unique. @CFPB #StopTheDebtTrap #FairDebt https://t.co/ijKxyhXq7D

[Jan Kruse @iamJanKruse]

Zombie Debt is a problem that won’t die. Seven in ten voters are concerned a @CFPB plan would let debt collectors use tricks to resurrect very old debts after the time to sue has expired. #StopTheDebtTrap #FairDebt @CFPBDirector

[Center for Responsible Lending @CRLONLINE]

Harassed by debt collectors with phone calls at work? Home phones and cell phones ringing off the hook? Tell us your story. #FairDebtCollection #ProtectConsumers #StopTheDebtTrap #EndRobocalls https://t.co/AfRZ9RJk1X

[NCLC @NCLC4consumers]

The @CFPB should protect regular folks — not collectors who make false or deceptive representations in court filings, sue on zombie debt, or harass consumers with regular phone calls. #StopTheDebtTrap #FairDebt @businessinsider https://t.co/Ay8j8IGNXK

[StopTheDebtTrap @StopTheDebtTrap]

Today a CFPB rule was supposed to begin protecting consumers from debt trap payday loans -- but Director Kraninger blocked it. Americans are losing $213 a SECOND to the payday loan sharks! See for yourself at https://t.co/ScFw2VaRjO

[AFR @RealBankReform]

A Tiger Shark is second deadliest shark behind the Great White. With Payday Loans, the second loan is almost as deadly as the first, since it usually jump-starts the payday debt trap #SharkWeek #StopTheDebtTrap #ProtectConsumers

[ARLA @ARLAlabama]

The Great White Shark is considered one of the deadliest predators on earth. Meanwhile, Payday Loan Sharks trap consumers in one of the most dangerous financial products on the market. It’s past time @CFPB strengthen rules to #ProtectConsumers and #StopTheDebtTrap! #SharkWeek