#paydaylenders — Public Fediverse posts

the latest and greatest from Marc Andreessen’s #a16z is #Coverd, an app to let you gamble on your child support payments and #OnlyFans bill.

no, really. and they’re also launching a credit card which promises 100% cash back or something? this is truly the “american dynamism” we were promised.

#broligarchy #nerdreich #uspol #finance #economics #MarcAndreessen #crypto #predatoryLending #paydaylenders

new director of the Consumer Financial Protection Bureau (#CFPB) making an official public statement in favor of #SoLoFunds, a peer to peer payday lender that operated w/out a license and connected desperately poor people to loans charging 2,000% interest.

https://x.com/russvought/status/1893732780527276236

#RussVought #CFPB #OMB #MAGA #DOGE #uspol #paydaylenders #PaydayLending #usury #fintech

#PaydayLenders Gave Millions to #GOP Group That Backed #SupremeCourt Suit to Annihilate #CFPB, this case that could lead to the elimination CFPB
The #Republican #AttorneysGeneral Association (#RAGA) fought to help a Supreme Court case against the Consumer Finance Protection Bureau. Despite widespread approval among Republican voters to regulate or prohibit #paydaylending, Republican officials in more than 20 states are backing industry groups in the #lawsuit.
https://theintercept.com/2023/08/30/payday-lenders-supreme-court-cfpb-republicans/