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Payday Loan Expansion Stopped
In July 2015, after WISPIRG convened a coalition of 30 groups to call for action, Gov. Scott Walker vetoed budget provisions that would have dramatically expanded payday lenders’ authority to sell predatory financial products to Wisconsin consumers. Payday loans trap consumers in a spiral of growing debt with detrimental impacts, particularly for low-income borrowers.
Tools & Resources
Our Changing Relationship with Driving and the Implications for America’s FutureWISPIRG
25 organizations from Wisconsin comment on proposed rulemaking on payday, vehicle title, and certain high-cost installment loans
Defend the CFPB
Tell your senators to oppose the “Financial CHOICE Act,” which would gut Wall Street reforms and destroy the Consumer Financial Protection Bureau as we know it.
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