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NEWS LAUNCH This poll verifies just how misguided the Financial PREFERENCE Act is in the eyes of Latino voters.

NEWS LAUNCH This poll verifies just how misguided the Financial PREFERENCE Act is in the eyes of Latino voters.

Brand brand New National Poll Demonstrates intense Support for Financial Reforms, Consumer Protections Among Latino Voters as Congress Readies to Vote on Protection Rollback Bill

WASHINGTON, DC—As Congress readies to vote on H.R. 10, the “Financial SOLUTION Act of 2017,” a bill that will roll straight right straight back economic reforms and customer defenses, a brand new poll commissioned by NCLR (National Council of Los Angeles Raza) and administered by Latino choices shows Latino voters continue steadily to take into account financial industry methods and strongly offer the part regarding the CFPB (Consumer Financial Protection Bureau).

The nationwide poll of 1,000 Latino registered voters nationwide occurred between.

One of the poll’s key findings are that an overwhelming 81 per cent of Latino voters think that economic businesses will be almost certainly going to make use of customers in the event that federal government has less guidelines on banks, creditors, payday loan providers and home loan organizations. The opinion that less guidelines would exploit customers ended up being shared across celebration lines: 85 % of Latino Democrat, 78 per cent of Latino Independent, and 70 % of Latino Republican voters think that less regulations that are federal adversely influence consumers.

“Latinos had been one of the hardest hit throughout the financial meltdown. Within the lead-up towards the recession, having less customer protections permitted unscrupulous loan providers to a target communities of color with abusive lending options and for that reason, Hispanic home wide range dropped 66 per cent from 2005 to 2009. Read More

NEWS LAUNCH This poll verifies just how misguided the Financial PREFERENCE Act is in the eyes of Latino voters. Brand brand New National Poll Demonstrates intense Support for Financial Reforms, Consumer Protections Among Latino Voters as Congress Readies to Vote on Protection Rollback Bill WASHINGTON, DC—As Congress readies to vote on H.R. 10, the “Financial […]

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