Friend,

The payday lending industry is returning a big favor from Donald Trump.

Vice President Mike Pence is keynoting a Trump campaign fundraiser hosted by two major payday lending companies today in Nashville, and sadly we aren’t surprised at all.

Take our quick one-question survey >>> [link removed]

This swanky affair comes after the Trump Consumer Financial Protection Bureau derailed a critical protection against the payday loan debt trap. So far, this administration has saved predatory lenders more than $840 million by letting them continue to approve their abusive 400% loans to vulnerable people they know can’t pay them back in time.

And boy, are these payday lenders ever grateful. This high-dollar fundraiser (with tickets going for as much as $100K!) comes on top of the $2.2 million the industry has already given Trump’s political and inaugural committees, and the estimated $1 million the payday trade association spent holding their annual conference at Trump’s golf resort in Doral, FL.

Can you say, “quid pro quo”?

Payday lenders’ whole business model is based on keeping people stuck in a long-term, high-debt situation. It’s reprehensible that this administration is bowing and scraping before an industry that preys on struggling communities.

Can you fill out our one-question survey on Mike Pence’s fundraiser with payday lenders? It’ll only take a second!

>>> [link removed]

-- Allied Progress




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