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Subprime Lender, Busy at State Amount, Avoids Federal Scrutiny The payday lending industry is bracing for a crackdown that is regulatory. Certainly one of its competitors is certainly not. The federal customer Financial Protection Bureau unveiled proposed guidelines in June that take aim at short-term pay day loans charging triple-digit percentage that is annual. The […]
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Payday loan providers resist force to cut prices from around Minnesota — NEAL ST. ANTHONY Star Tribune file picture By Neal St. Anthony , Celebrity Tribune March 13, 2021 – 8:00 AM A bill that will cap payday-loan rates is unlikely to get to Gov. Tim Walz’s desk this springtime. Sen. Gary Dahms, the Republican […]
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