Predatory: How Payday Lenders are Using Trojan Horse Tactics to Weaken Consumer Protections in Pennsylvania
Payday loans are an abusive form of lending that traps cash-strapped borrowers into a long-term cycle of debt, which leads to significant harms. Pennsylvania has one of the strongest laws in the country to guard against predatory payday lending, but the law is at risk. The payday lenders are lobbying legislators in Harrisburg to weaken…