Ellen Harnick

[Center for Responsible Lending @CRLONLINE]

CRL joined @NCLC4consumers in supporting Colorado’s authority to enforce its interest-rate limits against out-of-state state-chartered banks and their non-bank lending partners.
#RentABank
Read our amicus brief: https://t.co/c78xoUFHMt

[Ellen Harnick @eharnick]

@POTUS Don’t let a bank saddle working families with 300% APR loans. Tell @USOCC AMD @federalreserve to deny predator Enova’s national bank application.

[Center for Responsible Lending @CRLONLINE]

President Trump has said that 30% APR credit cards are too expensive. Will the Trump administration green light up to 300% APR loans from Enova? The @USOCC and @FederalReserve must stop predatory lender Enova from becoming a national bank. #ProtectConsumers

[Center for Responsible Lending @CRLONLINE]

President Trump has said that 30% APR credit cards are too expensive. Will the Trump administration green light up to 300% APR loans from Enova? The @USOCC and @FederalReserve must stop predatory lender Enova from becoming a national bank. #ProtectConsumers

[Center for Responsible Lending @CRLONLINE]

Thank you @EconActionMD for gathering community leaders and legislators today to fight for an affordability agenda. Rohit @ChopraUSA delivered a powerful keynote including calling out payday loan apps.
#PaydayLoanApps #DebtTrap

[Center for Responsible Lending @CRLONLINE]

Thank you, Sen. Kramer, for standing against the predatory HB1294 that conflicts with years of protecting voters from similar payday  loans. The @MDSenate @MDSenateGOP should vote no on HB1294! #StopTheDebtTrap

[Center for Responsible Lending @CRLONLINE]

Good question, @SenatorATW. Why didn’t the committee consider amendments to HB1294 that rein in tips and cap monthly costs to consumers? Thank you for your work to #StopTheDebtTrap

[Center for Responsible Lending @CRLONLINE]

Don’t allow high-cost payday advance loans!
VOTE NO on HB1294!

[Center for Responsible Lending @CRLONLINE]

Watch live: https://t.co/Qh6YTPDXm2

[Center for Responsible Lending @CRLONLINE]

CRL is working to #ProtectConsumers from predatory practices in solar financing. Now @FTC, @CFPB, @USTreasury have announced an interagency partnership to root out unfair and deceptive practices in the industry. Read our new report and stay informed: https://t.co/sPXygADPbY

[Center for Responsible Lending @CRLONLINE]

🆕 CRL Report Reveals Large Hidden Costs of Earned Wage Advance Apps: Consumers experienced a 56% increase in checking account overdrafts https://t.co/H2ASidEOLV

[Center for Responsible Lending @CRLONLINE]

@lsaundersnclc @NCLC4consumers “The idea behind the [@CFPB] is not that we need a bunch of new consumer protection laws. We have a lot of laws, they’re just scattered among more than a half a dozen agencies. The enforcement of those laws was nobody’s first job,” @SenWarren, the chief architect of the agency.

[Center for Responsible Lending @CRLONLINE]

“There are a number of CFPB enforcement cases that have been put on hold,” said @LSaundersNCLC, associate director @NCLC4consumers, noting the industry has been “extremely aggressive in pushing back against any regulation or legislation that would curtail the abuses.”

[Center for Responsible Lending @CRLONLINE]

“They are moving in several ways at once to eliminate the cop on the beat — or the effectiveness of the cop on the beat — to keep people from being trapped in unaffordable debt,” said Ellen Harnick @EHarnick, EVP CRL, a nonprofit that has advocated for the @CFPB.

[Center for Responsible Lending @CRLONLINE]

CRL, @RealBankReform, and @NCRC Blast Senate Democrats For Betraying Small Business Owners With Vote To Rescind Section 1071 https://t.co/glFyjv4XBS

[Center for Responsible Lending @CRLONLINE]

h/t to @UChicagoLaw Prof. Aziz Huq for the phrase "torpedo the financial system." Check out his op-ed on CFPB v. CFSA at https://t.co/ykInAgVJR0

[Center for Responsible Lending @CRLONLINE]

If payday lenders are so important that the Supreme Court would torpedo the financial system, then WE OBJECT!

As long as payday lenders can supersede our rights, WE WILL OBJECT!

-CRL VP Mitria Spotser on CFPB v. CFSA

[Center for Responsible Lending @CRLONLINE]

Promising a Supreme Court decision that invalidates @CFPB funding won't imperil Medicare, the Fed, FDIC, or other similarly funded agencies is as reassuring as an arsonist claiming your office won’t be hurt when he incinerates the adjoining building.

https://t.co/nEItdWSK3a

[Center for Responsible Lending @CRLONLINE]

🆕 @CRLonline released a map showing the astronomical interest rates on single-payment payday loans in the states that still allow them. #StopTheDebtTrap
https://t.co/ZhlMURdURV

[Ellen Harnick @eharnick]

The reform led by @mjweissman @javier_mabrey @SenadoraJulie will #StopTheDebtTrap targeting working families. Colorado's new law on high-cost lending may be a model for other states https://t.co/cOFB6e1Jfc #coleg

[Ellen Harnick @eharnick]

Thank you @javier_mabrey @mjweissman @SenadoraJulie @GovofCO @pweiser for helping to #StopTheDebtTrap

[Center for Responsible Lending @CRLONLINE]

Colorado Governor Jared Polis has signed a law that is a solid solution to a huge and growing problem that is saddling working families with high-cost debt.

https://t.co/q4pVHnUKIE