Jon Badolato
United States
Connecticut
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Scrapping an Obama era rule that required that payday lenders check on a person's ability to pay back a loan. Thereby making it easier for these types of lenders ( who frequently charge ridiculous interest rates ) to fleece their customers and keep them in major debt.

https://www.motherjones.com/politics/2019/02/payday-lenders-...

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Andre
United States
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https://www.politico.com/story/2019/02/06/maxine-waters-payd...

Waters is all over it.

Laughs, although the CPB is clearly not protecting the poor who typically use these services, it strikes me as counter-intuitive, that a payday lender would NOT WANT to verify whether someone can pay them back. With the risk of default, comes financial loss. You can't get blood from a stone. Of course, their exorbitant fees, on those that can pay back, may more than make up for the losses. It's all about greed, and as Homie the Clown said, "Da Man, keeping us down".
 
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Wendell
United States
Yellow Springs
Ohio
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Si non potes reperire Berolini in tabula, ludens essetis non WIF.
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Hey, get your stinking cursor off my face! I got nukes, you know.
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Fuck the Poors!

- GOP motto.
 
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