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Huang claims the massive earnings produced by payday loan providers pre-regulation makes contending using them unfeasible, because the big earnings enable loan providers to invest far more to obtain clients. Huang claims the massive earnings created by payday loan providers pre-regulation makes contending together with them unfeasible, considering that the large earnings enable lenders to…

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Booker and Senators Introduce SAFE Lending Act to safeguard Consumers from Predatory techniques in Payday Lending WASHINGTON, D.C. – Today, Sen. Cory Booker (D-NJ), joined up with Oregon’s Sen. Jeff Merkley and Sens . Tom Udall (D-NM), Bernie Sanders (I-VT), Patty Murray (D-WA), Dick Durbin (D-IL), Richard Blumenthal (D-CT), Elizabeth Warren (D-MA), Tammy Baldwin (D-WI),…

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