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Every Tuesday at 6:00pmAbout the Show
Radio Active Magazine
A locally produced program where activist groups in the Kansas City area present interviews, commentary, editorials, and other thought provoking content on a weekly basis.
On June 2, the Consumer Financial Protection Bureau (CFPB) proposed rules designed to end payday loan debt traps that have ruined the lives of so many of the vulnerable working poor. Attorney John J Miller discusses why these rules do not go far enough.
We will take a look back to the efforts in 2012 to cap interest rates in Missouri to a reasonable 36%, rather than the shocking common practice of rates running as high as 450%. Find out why these efforts failed in 2012 and why the CFPB rules proposed in 2016 are woefully indequate.
