Payday lenders are still charging consumers exorbitant interest rates in the middle of the pandemic, with rates hitting as high as 800%. Congress hasn’t taken any action on these predators since the Consumer Financial Protection Bureau loosened the rules for them. But now is the time to act. Americans are suffering and these “lenders” are taking full advantage of workers who can’t make ends meet. Ring of Fire’s Farron Cousins discusses this.

Farron Cousins is the executive editor of The Trial Lawyer magazine and a contributing writer at DeSmogBlog.com. He is the co-host / guest host for Ring of Fire Radio. His writings have appeared on Alternet, Truthout, and The Huffington Post. Farron received his bachelor's degree in Political Science from the University of West Florida in 2005 and became a member of American MENSA in 2009. Follow him on Twitter @farronbalanced