Payday loan providers victimize the poor, costing People in america billions. Will Arizona work?
The minimally regulated, fast-growing payday lending sector strips People in the us of massive amounts annually. It’s time for the latest customers monetary coverage agency to apply guidelines to suppress predatory lending to ensure a $400 financing doesn’t place a borrower thousands of dollars in financial trouble.
These days, the Senate financial panel convenes to go over the verification of Richard Cordray, selected to become 1st mind from the Consumer Investment coverage Bureau (CFPB). Continue Reading
