Today, February 11th, the House Subcommittee on Financial Institutions and Consumer Credit will convene a hearing on payday lending regulation entitled “Short-term, Small Dollar Lending: The CFPB’s Assault on Access to Credit and Trampling of State and Tribal Sovereignty.” Most of the witnesses who will testify have close ties to or represent the payday lending industry.…
27 January 2016 | by CNS , Megan Cornwell Opposition to the high-interest loans in US is big election issue for religious Ahead of the Iowa caucuses that begin the formal process of picking the Republican presidential contender, the public policy arm of Iowa’s Bishops’ Conference and an Iowa-based evangelical organisation are working together…
Springfield, Missouri church and credit union commit to work together to provide lower-interest loans options as alternatives to “predatory lending institutions. Read the entire story here at the Springfield News Leader.