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Virginia payday loans

Brand Brand New Ad Slams Wasserman Schultz Over Payday Lending Bill

Brand Brand New Ad Slams Wasserman Schultz Over Payday Lending Bill

MIAMI (CBSMiami/AP) — a fresh advertisement slams Democratic nationwide Committee chairwoman Debbie Wasserman Schultz for maybe perhaps not doing more to crack straight down from the predatory methods of this lending industry that is payday.

The liberal team Allied Progress is investing $100,000 for tv adverts that will begin airing into the Miami market on Tuesday. The 30-second commercial criticizes her for co-sponsoring a bill that will wait the federal customer Financial Protection Board from managing the company.

Payday loan providers have traditionally been a target of critique by politicians and customer advocates, whom argue the industry fees very high interest levels to clients, who will be usually the bad.