Consumer loan cap will hurt poor and benefit loan sharks
AB 539 Approaches Consumer Protection the Wrong Way
TELL YOUR STATE REPRESENTATIVES: VOTE NO ON AB 539!
The California State Legislature is considering a bill, AB 539, that would severely limit Californians’ ability to get reliable, regulated short-term loans that can help them manage unexpected, unavoidable expenses, such as car repairs and medical bills. Eliminating access to this kind of credit hurts hard-working Californians who already struggle to get a traditional loan from a bank or credit union.