In January 2022, the Consumer Financial Protection Bureau (CFPB) launched an initiative to save consumers billions of dollars in exploitative “junk fees,” including overdraft fees. In 2019 alone, large banks earned approximately $15.47 billion from overdraft and non-sufficient funds fees.
Several of the country's largest auto repair conglomerates have partnered with EasyPay Finance to issue predatory, high interest loans – including Big O Tires, Driven Brands, and FullSpeed Automotive.
While hundreds of thousands of small businesses have closed across the country, direct selling companies – which frequently utilize predatory multi-level marketing practices – received over $106.4 million in PPP loans.
Consumer Demand For Private Jets Is Soaring, But The Industry Has Received Over $666 Million In Federal Pandemic Aid, And 26 Companies Have Taken Money From Three Separate Relief Programs.
Schools Across U.S. Face Revenue Losses Approximately 2.5x Greater Than Federal Aid Provided During Health Crisis, Watchdog Analysis Finds.
Nearly 40 different police-affiliated organizations have received as much as $15.8 million in COVID-19 relief aid from the Trump administration.
Report finds significant racial disparities in the awarding of loans in the Buffalo, New York area under the Small Business Administration’s Paycheck Protection Program. The disparity and favoritism seen in the Buffalo area under the SBA’s PPP program unfortunately mirrors a national trend.
New analysis shows Trump’s Paycheck Protection Program (PPP) gave a disproportionately small share of available funds to businesses owned by Black women.
Our original analysis of PPP data shows that Congressional districts with the highest percentage of Black residents received less aid via PPP loans
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