Raja Krishnamoorthi actually said...

Many lenders advertised short-term loans, but they know the truth; their products lock in the average consumers for 11 months.

In the wake of the financial crisis, the CFPB was established to stop predatory financial activity central to the collapse.

Most types of lenders make money when loans are repaid, but payday and auto title lenders succeed when their borrowers fail.

For years, the CFPB has stood up to financial predators, holding companies accountable for wrongdoing and returning $12 billion of ill-gotte...