League of California Community Foundations

NATIONWIDE COALITION OF COMMUNITY FOUNDATIONS URGES ACTION TO FIGHT PAYDAY LENDING ABUSES Fifty-seven nonprofit community foundations advocate with federal Consumer Financial Protection Bureau MOUNTAIN VIEW — Marking the first time a group of community foundations has joined together to advocate for a national public policy issue, 57 of the nonprofit organizations have signed a letter urging the head of the Consumer Financial Protection Bureau to adopt rules to curb payday lending practices that routinely draw consumers into long-lasting debt. (PDF)