That's why 4 in 5 borrowers end up having to roll over the loan or taking out a second to repay the first.
So naturally, Trump's rushing to payday's defense by gutting rules to #StopTheDebtTrap.
This means--just like with his proposed SNAP cuts I've been tweeting so much about lately--we have the chance to use the public comment process to preserve the rule to #StopTheDebtTrap.
Deadline to comment: May 15, 2019.
#StopTheDebtTrap