Sherrod Brown

@SenSherrodBrown ↗

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Last Checked May 4, 2022

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Tue Mar 12 14:32:28 +0000 2019

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Sherrod Brown @SenSherrodBrown

Payday lender ACE Cash Express used this chart to train its employees. Sherrod’s first question to Director Kraninger: “Can you show me on this chart where in the cycle a family actually pays off their loan?” Answer: they don’t, because they usually can’t. https://t.co/zDdlXRN4wN — PolitiTweet.org

Posted March 12, 2019 Hibernated

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Sherrod Brown @SenSherrodBrown

LIVE: Sherrod asks @CFPB Director Kraninger about the CFPB’s proposal to gut the payday lending rule. https://t.co/zN0F3zvuRW — PolitiTweet.org

Posted March 12, 2019 Hibernated

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Sherrod Brown @SenSherrodBrown

According to a @CFPB report released several years ago, 4 out of 5 people who got a payday loan either had to get another loan to pay off the first, or they defaulted. This doesn’t look like “access to credit.” It looks like a cycle of debt that a family can’t get out of. — PolitiTweet.org

Posted March 12, 2019 Hibernated