Senate Votes To Undo Payday Lender’s High Interest “Rent A Bank” Rule

Via America’s Lawyer: The Senate votes to repeal the “Rent-A-Bank” rule enacted under the Trump administration, which allowed predatory payday lenders to charge sky-high interest rates under the names of reputable banks. Filling in for Mike Papantonio this week, Farron Cousins explains more. Transcript: *This transcript was generated by a third-party transcription software company, so please excuse any typos. And […]

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