Payday loan providers and regulators are gearing up for brand new showdown

Payday loan providers and regulators are gearing up for brand new showdown

Debbie Wasserman Schultz

Democratic nationwide Committee seat Debbie Wasserman Schultz is cosponsoring a bill to push back once again on proposed federal laws when it comes to payday lending industry.

WASHINGTON — you call your lender if you got a loan whose interest rate over a year amounted to 391 percent, would:

B) a fine, upstanding business person earning a paycheck by giving credit to those that want it the absolute most?

An additional concern. In cases where a federal agency attempted to get rid of such financing practices, saying these people were predatory, can you state:

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