We found 3 templates across 3 rulemakings on banking and lending.
The Consumer Financial Protection Bureau received 8,247 nearly identical comments in 2016 supporting the proposed rule on payday, vehicle-title, and certain high-cost installment loans. The campaign argued that without an ability-to-repay requirement, short-term lenders trap borrowers in cycles of rollover fees that can exceed 400% APR.
The Consumer Financial Protection Bureau received 1,431 nearly identical comments in 2018 supporting stricter disclosure rules on overdraft programs. The campaign argued that opt-in defaults and per-transaction fees on debit purchases under $5 amount to predatory pricing aimed at low-balance customers.
The Department of Labor received 905 nearly identical comments in 2015 supporting the proposed fiduciary rule for retirement-account advisors. The campaign argued that brokers steering savers into high-commission products under a "suitability" standard cost American households billions each year in foregone retirement income.