This Thirty Days in DC: Payday Loans Tip Survives, but Dodd Frank Does Not

Will would be a big thirty days for buyers shelter statutes in DC. You earned a large win within the fight against predatory lending, but most people also learn Congress roll back essential provisions intended to avoid another economic recession.

Cash Advance Rule Survives

After several months of meeting threatening to repeal the client economic Protection Bureau’s pay day loan rule, the due date terminated in order for them to do so. After phone calls, characters, social media, and pressure from recommends nationally, Congress did not have plenty of ballots to overturn the formula, so the payday loan online requirements were intact.
Continue Reading