Allied Progress sought ‘scrutiny’ for opponents making use of exact same strategy

Todd Shepherd – August 19, 2019 5:00 AM

Customer groups looking to stop a rule that is potential on payday financing had the ability to have more than 19,000 prewritten responses presented to the government’s general general general public remark portal, despite one particular teams whining to your Wall Street Journal about its opposition with the same techniques.

The buyer Financial Protection Bureau (CFPB) is considering a rollback of an Obama-era guideline regarding so-called payday advances, so when element of that process had been accepting general public touch upon the feasible improvement in might.

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Times ahead of the general public remark duration closed, Allied Progress, a dark cash team explaining it self as a “customer watchdog organization, ” told the Journal that prewritten copy-and-paste responses meant for lending companies as well as changing the rule had been suspect perhaps to the level to be lawfully actionable. Read More