Dear friend,

Amid the holiday shopping buzz, we know that so many more families should be able to afford gifts for their loved ones this holiday season, but because of predatory payday lending practices like Early Wage Access, too many families are stuck in debt traps that keep their dreams of financial stability out of reach. Others may even be tempted to take out a predatory loan to pay for holiday gifts.

Often disguised behind a shiny tech app, these products are the same old abusive payday loans that have been exploiting working people and exacerbating the racial wealth gap for decades.

Watch: Nadine Chabrier, CRL senior policy counsel, sheds light on the newest form of payday lending, Early Wage Access. [link removed]

Early Wage Access is just one of the numerous predatory practices that CRL fights every day to create an equitable financial system for all of us. Significant challenges remain in the push against predatory lending and exploitative student loan practices that strip wealth, but CRL remains steadfast in exposing and stopping them.

When you support CRL, you play a pivotal role in empowering the research that investigates the disastrous effects of fintech and uncovers the burdensome impact of massive student debt, and funds the policy and advocacy work to bring down these unscrupulous practices. [link removed]

We rely on your generosity. Contributions from supporters like you enable us to champion an inclusive and just economy that promotes financial fairness for everyone.

Please make a donation today at [link removed]

Together we can fight for solutions that will close gaps and open avenues to financial stability for those who have been left out.

Sincerely,

The Team at CRL



The Center for Responsible Lending (CRL) is a leading nonprofit, nonpartisan organization focused on financial fairness and opportunity. Fighting for economic justice for low- and middle-income families, military personnel and veterans, and people of color is our mission and highest priority.

Copyright © Center for Responsible Lending, All rights reserved.



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