Rally takes aim at practices of payday loan stores

An activist group plans to protest Tuesday as a way to pressure federal regulators to apply more stringent rules to payday loan companies.

Members of Sunflower Community Action in Kansas plan to rally at 4:30 p.m. Tuesday outside a store on east 21st, according to a news release from Fitzgibbon Media, a group based in Washington, D.C.

Officials at Fitzgibbon said the Wichita rally is part of protests planned across the country Tuesday.

Activists want the Consumer Financial Protection Bureau to propose and implement rules that would limit the fees and interest rates that payday loan companies can charge customers.

This story was originally published January 26, 2015 at 2:47 PM with the headline "Rally takes aim at practices of payday loan stores."