DETECTOR · P98

PFD High Rate Debt

Senator carries revolving debt at ≥12% APR — credit-card or unsecured loan exposure indicates financial pressure / influence-vulnerability vector.

What this detector measures

Senator carries revolving debt at ≥12% APR — credit-card or unsecured loan exposure indicates financial pressure / influence-vulnerability vector.

What to ask the senator's office

  1. Who is the lender, and is the high-rate debt revolving (credit card) or term (personal loan)?
  2. Has the senator's committee voted on consumer-finance legislation affecting the lender's terms?
  3. Are any committee donors associated with the lender or its parent organization?

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