Stand up for your right to make your own financial choices.
Sign up now to protect our financial freedom and make our own choices–without some elite political or liberal activist group manufacturing a crisis that isn't real.
Hear From Real Customers
Make your voice heard!
We need your help. Sign up now to get involved in protecting our financial freedom.
The Strange Connection Between the CFPB and Antifa
Financial regulators and Antifa leaders might seem like strange bedfellows, but it seems the creators of the Payday lending regulations at the Consumer Financial Protection Bureau (CFPB) had a prominent Antifa member’s advice in mind while designing these now defunct regulations.Read more >
Real People and Small Dollar Loans
But do consumers really need protection from these lenders? Or perhaps do they sometimes benefit from having this resource, albeit at interest rates that should discourage anyone of making a lifelong habit of obtaining these loans?Read more >
Short-term Loans Viable Option for Consumers
The truth is consumers use payday loans to get through a financial pinch, typically for a relatively short period of time. The vast majority who use payday loans understand the product and responsibly use it to make informed choices about what is best for their finances.Read more >
40% of Americans can’t cover a $400 emergency expense
Original Article via Anna Bahney, CNN Money May 22, 2018 Can you cover an unexpected $400 expense? Four in ten Americans can’t, according to a new report from the Federal Reserve Board. Those who don’t have the cash on hand say they’d have to cover it by borrowing or selling something. The bright side? That’s […]Read more >
Bernie Sanders and AOC basically want to ban credit cards
Original Article via Tim Worstall, Washington Examiner May 28, 2019 Rep. Alexandria Ocsaio-Cortez, D-N.Y., and 2020 candidate Sen. Bernie Sanders, I-Vt., have apparently decided to try to ban credit cards. Sure, that’s not quite what Ocasio-Cortez and Sanders actually say (they just want to stop the swindlers profiting from excessive interest charges), but that’s the […]Read more >
Loan Sharks? Interest rate cap would hurt those it’s designed to help
Original Article via Gazette Staff, Texarkana Gazette May 20, 2019 U.S. Sen. Bernie Sanders, I-Vt., and U.S. Rep Alexandria Ocasio-Cortez, D-N.Y., have an idea they think would do the public a lot of good. And it looks OK on paper. But the reality doesn’t measure up. Their idea is to put a maximum interest rate […]Read more >
The Unintended Consequences of Interest Rate Caps
Original Article via Thomas P. Vartanian, The Hill May 19, 2019 Last week, Sen. Bernie Sanders (I-Vt.) and Rep. Alexandria Ocasio-Cortez(D-N.Y.) introduced the Loan Shark Prevention Act amid a litany of references to executive compensation, payday lenders and credit card “rip offs.” They even invoked the Bible’s admonitions against usury. The bill would create a nationwide 15-percent annual […]Read more >
AOC and Sanders’ Credit Card Interest Rate Cap Would Be Disastrous
Original Article via Diego Zuluaga, CNN Business May 17, 2019 Back in the early 1900s, Progressives helped drive loan sharks out of business by lobbying to lift state usury caps. Those caps had barred lenders from charging interest above 6% to 10% a year, forcing low-income Americans to seek credit in the illegal market. Now, Representative Alexandria Ocasio-Cortez […]Read more >