AG Racine Causes 25-State Coalition Opposing Trump Government Rollback Of Common-Sense Protections For Payday Loan Individuals Performing resistant to the CFPB’s goal to safeguard customers: The attorneys general believe CFPB is created in 2010 to protect people from unjust and abusive tactics. The agency correctly identified particular payday credit methods as harmful and abusive. Today, the CFPB is certainly going through absurd legal contortions to take the tip straight back.