Advocates Condemn Rent-a-Bank Rule that Encourages Predatory High-Cost Loans; ask Congress to pass through Federal 36% rate of interest Cap Limit

WASHINGTON, D.C. – customer advocates slammed any office regarding the Comptroller associated with the Currency (OCC) because of its final guideline issued today that encourages online non-bank loan providers to launder their loans through banking institutions to enable them to … Continue reading