Center for Responsible Lending: New Policy Brief on Payday Loan Apps Draining Workers' Pay
October 17, 2025
October 17, 2025
DURHAM, North Carolina, Oct. 17 (TNSrpt) -- The Center for Responsible Lending issued the following news release on Oct. 16, 2025:
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New Policy Brief on Payday Loan Apps Draining Workers' Pay
Across America but below-the-radar, financial technology companies are using smartphones to issue predatory loans that they deny are loans, lobbying for legal exemptions, and defending against public and private lawsuits for violations of credit laws. To help . . .
* * *
New Policy Brief on Payday Loan Apps Draining Workers' Pay
Across America but below-the-radar, financial technology companies are using smartphones to issue predatory loans that they deny are loans, lobbying for legal exemptions, and defending against public and private lawsuits for violations of credit laws. To help . . .