Advocates Condemn Rent-a-Bank Rule that Encourages Predatory High-Cost Loans; ask Congress to pass through Federal 36{9f754d2ff1e15c50426fa81e4630ebf1a4f935c4eb797947e55a3ac6cabd9ffe} rate of interest Cap Limit
Advocates Condemn Rent-a-Bank Rule that Encourages Predatory High-Cost Loans; ask Congress to pass through Federal 36{9f754d2ff1e15c50426fa81e4630ebf1a4f935c4eb797947e55a3ac6cabd9ffe} rate of interest Cap Limit WASHINGTON, D.C. – customer advocates slammed work of the Comptroller associated with the Currency (OCC) because of its final guideline granted today that encourages online non-bank loan providers to launder their loans through banks […]