Bank Payday Lending
We, the undersigned community, civil legal rights, faith, and customer teams, urge you never to start the floodgates to predatory tiny buck loan methods by banking institutions and payday loan providers. Current state that is protections—including regulations and current FDIC assistance with small buck loan services and products—are critical tools to make certain safe, accountable lending techniques aren’t pressed from the market by high-cost, unaffordable financial obligation trap services and products. Continue reading ‘Bank Payday Lending’ »