Momentum builds in State Capitols and in DC to rein in predatory payday lending - Los Angeles Sentinel

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Momentum builds in State Capitols and in DC to rein in predatory payday lending - Los Angeles Sentinel

At the federal level, lawmakers are expected to re-introduce a payday lending bill that would give both consumers and military veterans the same 36% rate protection as the Military Lending Act (MLA). Named the Veterans and Consumers Fair Credit Act, the measure is hoped to secure the same broad and bipartisan support that MLA received.

The post Momentum builds in State Capitols and in DC to rein in predatory payday lending appeared first on Los Angeles Sentinel.

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