From Kelly Hall, Executive Director <[email protected]>
Subject FWD: Continuing our fight to end the predatory practice of payday lending
Date February 24, 2022 9:07 PM
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Hey there,

I wanted to make sure you saw yesterday’s exciting announcement. Our team at the Fairness Project has already helped voters in Nebraska and Colorado to curb the predatory practice of payday lending, and now we’re taking this fight to Michigan.

Payday loans are exploitative — full stop. Their entire business model targets people facing financial hardship by advertising these loans as quick help for an unexpected emergency.

In reality, these loans trap some of the most financially vulnerable Americans in a vicious cycle of debt.

If you’re with us in the fight to bring some financial security back to working people, will you chip in to fuel our fight today? [[link removed]]

DONATE [[link removed]]Thanks for your support,

Kelly


---------- Forwarded message ---------
From:🚨 CAMPAIGN ALERT!🚨 via Fairness Project <[email protected]>
Date: Wed, Feb 23, 2022 at 2:52 PM
Subject: Continuing our fight to end the predatory practice of payday lending
To: <[email protected]>



secure.actblue.com/donate/TFPUS-ALL-Email-Feb2022-FR-february?refcode=E14171-20220224-PaydayLendingMI2-header-Other-RegTemplate-NA-NA&amount=15 [secure.actblue.com/donate/TFPUS-ALL-Email-Feb2022-FR-february?refcode=E14171-20220224-PaydayLendingMI2-header-Other-RegTemplate-NA-NA&amount=15]

Team:

Predatory payday lenders rob financially-strapped Michiganders of millions every single year. Lenders will charge more than 370% APR for small loans by customers who are in some of the toughest of financial situations.

This exploitative practice takes advantage of working people across the country — especially seniors, veterans, and communities of color. So, team, we’re helping fight back. >> [[link removed]]

Enter: Michigan for Fair Lending. This new ballot measure campaign aims to cap the interest rates charged for payday loans, stop this debt trap, and bring some financial security back to the Michiganders who need it most.

Team: This isn’t our first rodeo either. We’ve already worked alongside voters in Nebraska and Colorado curb this predatory practice:

✅ In Nebraska we helped voters cap interest rates with a landslide approval margin of 83% to 17%;
✅ And in 2018, we helped Coloradans pass a measure that capped interest rates and other fees associated with payday and other short-term loans with a margin of 77% to 23%!

Voters have spoken up and they want this abusive practice to come to an end. We’re ready to take this fight to Michigan and win. Are you with us, team? [[link removed]]

DONATE [[link removed]]Let’s do this! 💪💪💪

— Fairness Project

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The Fairness Project
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