Woodstock Institute
@woodstockinst.bsky.social did:plc:dn5moxcgybofaqzc5i7dlc4w
Trusted Chicago-based research, policy, and advocacy organization advancing causes of financial justice, economic security, and community prosperity.
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Zusammenfassung
Woodstock Institute (@woodstockinst.bsky.social) ist seit 2 Dezember 2024 auf Bluesky. Das Konto hat 293 Follower, folgt 220 Konten und hat 213 Posts veröffentlicht.
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Loan Shark Drops Bid to Become Bank: Following the withdrawal of bank applications from OppFi and, recently, Enova, federal banking regulators should clearly state that high-cost lenders cannot use a national bank charter to override state protections. https://loom.ly/4iFe7aw
Post anzeigen“OppFi and other fintech lenders must not be allowed to turn a national bank charter into a license to ignore state rate caps and prey on people struggling to make ends meet.” #ProtectConsumers @ourfinancialsecurity.org @consumerfed.bsky.social @crlonline.bsky.social www.nclc.org/oppfi-become...
Post anzeigenThis week, we joined 9 plaintiffs suing the Trump administration. Yesterday, a judge ordered the delay of the expiration of $56M for HUD's housing counseling program. This win is temporary & the fight isn't over, but we're relieved; this is a critical first step. housingactionil.org/blog/2026/10...
Post anzeigenExcellent reporting I find nowhere else on a pressing issue. Hats off to @oscarthinks.bsky.social
Post anzeigenConsumer advocacy groups and Illinois' top law enforcement official are opposing online lender OppFi's plan to obtain a national bank charter — arguing the move would allow it to lock customers into loans at more than 100% APR. #RentaBank @chicago.suntimes.com chicago.suntimes.com/money/2026/0...
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