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That would span the payday financing space? 5 years ago, tellers at State Employees’ Credit Union in new york noticed an unusual number of individuals to arrive to cash checks: payday loan providers with checks authored by people in the Raleigh-based credit union. This stressed the credit union, which discovered that its customers compensated interest… » read more

Posted by Gianni PITTELLA MEP

Payday loan providers may actually have a friend that is powerful Washington. Previous Republican Rep. Mick Mulvaney is the head that is interim of customer Financial Protection Bureau. He had been appointed by President Trump amid a continuous a charged energy battle for control over the bureau. Watchdog groups are up in hands because, under… » read more

Posted by Gianni PITTELLA MEP