May got a large month for customers defense rules in DC. You claimed a substantial win for the combat predatory credit, but most of us also experience Congress move back critical arrangements intended to protect against another depression.
Payday Loan Formula Endures
After period of meeting threatening to repeal the Consumer financing defense Bureau’s pay day loan rule, the due date terminated so they can do this. After calls, letters, social networks, and force from supporters nationwide, meeting did not have plenty of votes to overturn the principle, and so the pay day loan laws tend to be unchanged. [Read more...]