Merkley, Bonamici, Cummings present SAFE loaning work to secure owners from Predatory techniques in paycheck financing

Merkley, Bonamici, Cummings present SAFE loaning work to secure owners from Predatory techniques in paycheck financing

ARIZONA, D.C. correct, Oregons Senator Jeff Merkley, Congresswoman Suzanne Bonamici, and Congressman Elijah E. Cummings unveiled the preventing punishment and fraudulence in digital (SECURED) Lending Act. The SECURE financing work would crack upon certain most detrimental violations belonging to the payday credit discipline, especially in on the web payday loaning, and shield users from misleading and predatory methods that remove success from using families.

Under ...

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