Politico: Payday-lending crackdown draws 1.4 million letters of protest

October 18, 2016 | Relevant News

A plan to rein in high-cost loans has generated an estimated 1.4 million comments, in what may be a record for any federal rulemaking, as payday lenders pushed back against public opinion and the CFPB with surprising force.

Payday-lending crackdown draws 1.4 million letters of protest