Judd Legum

@JuddLegum ↗

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Last Checked Sept. 28, 2019

Created

Tue Mar 19 15:41:19 +0000 2019

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Judd Legum @JuddLegum

3. The effective interest rates can approach 400%. Obama admin proposed a couple of simple changes. Lenders had t… https://t.co/V7w8BxfEts — PolitiTweet.org

Posted March 19, 2019 Hibernated

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Judd Legum @JuddLegum

2. Payday lending works by trapping people in a cycle of high-interest debt. You borrow $500 and owe $575 two weeks… https://t.co/43fU6Uc1XA — PolitiTweet.org

Posted March 19, 2019 Hibernated

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Judd Legum @JuddLegum

4. Trump just rescinded those rules. Now payday lenders can continue to exploit those that can least afford it to the tune of $7 billion per year. For more stories of graft and exploitation that are routinely overlooked, sign up for my newsletter at https://t.co/Gl6evXRDcZ — PolitiTweet.org

Posted March 19, 2019 Hibernated