Will the Fed Ever have the ability to Stop Payday and Other High-Cost loan providers?

Will the Fed Ever have the ability to Stop Payday and Other High-Cost loan providers? If there’s any industry who has learned the loophole, it’s high-cost lending. Whenever up against unwelcome legislation, loan providers are well-practiced at finding an opening which will enable them to charge triple-digit interest to their clients. Even as we have actually reported, they’ve been playing…

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