Share Article. AmeriCash Loans Drives 2000+ Handwritten Letters to CFPB

Share Article. AmeriCash Loans Drives 2000+ Handwritten Letters to CFPB

AmeriCash Loans Drives 2,000+ Handwritten Letters to CFPB in reaction to open up Public Comments

This felt just like a grassroots campaign, where people found a pen and paper and explained their concerns over modifications that may have huge affect their everyday lives.

Des Plaines, IL (PRWEB) October 13, 2016

AmeriCash Loans wish to thank its clients and customer care representatives for his or her involvement in a campaign that is recent opposes a guideline change by the customer Financial Protection Bureau (CFPB). The installment loans provider drove 2,168 unique letters from clients whom indicated issues on the CFPB’s choice to limit use of customer financial loans.

The eight-week campaign ended up being a resounding success and were held in AmeriCash Loans places over the united states of america.

In June, the CFPB proposed a rule that is new 12 CFR part 1041 — that may require loan providers to simply just take extra actions to make sure consumers have the methods to repay short-term credit services and products. The company believes this regulation — currently in the public comments stage — would make it difficult for customers to obtain the financing they need while AmeriCash Loans welcomes changes that pertain to responsible lending. Large number of customers agree. AmeriCash Loans customers from 66 places in Illinois, Missouri, sc and Wisconsin hand-wrote letters into the CFPB, describing that the changes that are new ensure it is harder to get credit. Clients and customer support representatives in sc, in specific, indicated a suffered dedication and commitment towards the effort.

«Our clients revealed their support in droves,» states A americash loans business spokesperson. «This felt like a grassroots campaign, where individuals acquired a pen and paper and explained their issues over modifications that may have impact that is huge their everyday lives.

Read More