Joel Jacobs

NEW from me: The CFPB's consumer complaint system is more popular than ever, fielding over 2.7M complaints last year. But Republican lawmakers still voted to slash the CFPB's budget, even after referring thousands of their own constituents' issues to the agency. www.propublica.org/article/cfpb...

ICYMI: Last week @megomatz.bsky.social and I reported on how the tribal lending industry has survived and thrived offering exorbitant online loans to millions of borrowers — with APRs that can exceed 600%. www.propublica.org/article/trib... We’ve been investigating this opaque industry for months:🧵

NEW from me and @megomatz.bsky.social‬ — tribal lenders offering 600%+ APR loans online argue that sovereign immunity allows them to skirt state lending laws, but we found they backed away from six states where attorneys have acted forcefully to protect consumers: www.propublica.org/article/stat...

NEW from me: The CFPB's consumer complaint system is more popular than ever, fielding over 2.7M complaints last year. But Republican lawmakers still voted to slash the CFPB's budget, even after referring thousands of their own constituents' issues to the agency. www.propublica.org/article/cfpb...

NEW from me and @megomatz.bsky.social‬ — tribal lenders offering 600%+ APR loans online argue that sovereign immunity allows them to skirt state lending laws, but we found they backed away from six states where attorneys have acted forcefully to protect consumers: www.propublica.org/article/stat...

ICYMI: Last week @megomatz.bsky.social and I reported on how the tribal lending industry has survived and thrived offering exorbitant online loans to millions of borrowers — with APRs that can exceed 600%. www.propublica.org/article/trib... We’ve been investigating this opaque industry for months:🧵