Category Archives: Pay Day Loan

Cash Advance Trade Group Accused Of Manufacturing ‘Positive’ Stories

WASHINGTON–A customer team is accusing the trade relationship when it comes to cash advance industry of fabricating a number of the “personal” stories this has included in a pr release it published that reported the CFPB was ignoring “positive” stories from cash advance clients.

Allied Progress, which defines itself as being a nationwide nonprofit grassroots company that makes use of “hard-hitting research and innovative promotions to put up effective unique passions accountable and empower hardworking Americans,” claims that a pr release granted by the Community Financial solutions Association (CFSA) that chastised the CFPB with all the headline, “CFPB Buried, Ignored Positive Payday Loan Customer ‘Tell Your Story’ Testimonials It Requested,” failed “to mention…that a number of these supposedly ‘personal’ submissions included a few of the same sentences and paragraphs.”

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