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Executive Overview: Predatory Loans & Predatory Loan Complaints

Executive Overview: Predatory Loans & Predatory Loan Complaints

This is actually the 7th in a few reports that review complaints to your CFPB. In this report we explore consumer complaints about predatory loans, classified within the database as payday advances, installment loans, and automobile name loans.

This can be our very first are accountable to integrate an analysis of customer narratives or written explanations of issues — an addition into the database we advocated for with Americans for Financial Reform and accomplished year that is last. Continue reading Executive Overview: Predatory Loans & Predatory Loan Complaints