pubblicato da entroterra.org il giorno 20 Dicembre 2020
GUEST EDITORIAL: economic regulators are paving just how for predatory loan providers
Federal regulators appear to be doing their utmost to permit predatory loan providers to swarm our state and proliferate.
Last thirty days, the customer Financial Protection Bureau rescinded an important payday lending reform. As well as on July 20, a bank regulator proposed a guideline that could enable predatory loan providers to work even yet in breach of a situation interest rate cap – by paying out-of-state banks to pose because the "true loan provider" when it comes to loans...