Consumer Groups Call for FDIC Action on Predatory Lending

Groups call out FDIC-backed banks for acting as “front groups” for payday lenders

Andy Spears

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Photo by Giorgio Trovato on Unsplash

The Consumer Federation of America (CFA) was joined by more than a dozen other consumer advocacy groups in calling on the Federal Deposit Insurance Corporation (FDIC) to take action against predatory lending.

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Andy Spears

Writer and policy advocate living in Nashville, TN —Public Policy Ph.D. — writes on education policy, consumer affairs, and more . . .