Archive for the ‘Bad Credit Maine’ Category

BLACK AND LATINO LEADERS SUPPORT STRONGER REGULATION OF PAYDAY AND CAR-TITLE LOANS

Samstag, Oktober 10th, 2020

BLACK AND LATINO LEADERS SUPPORT STRONGER REGULATION OF PAYDAY AND CAR-TITLE LOANS

For longer than ten years, civil liberties businesses, work, clergy, and customer advocates have actually battled to finish interest that is triple-digit on little buck loans. The push has been to free America’s working families and consumers of color from fees that can double, or even triple the amount of money borrowed whether it was a high-cost installment, payday or car-title loan.

Now, after many years of research, general public hearings and advisory discussion boards, on June 2 the customer Financial Protection Bureau (CFPB) announced a long-awaited proposed rule. (mehr …)