Tag Archive | "CBS New online payday lending"

Online lenders under the gun


This CBS News story highlights the rising number of complaints against online lenders.    It’s harder to regulate online lenders so if you ban storefronts, the result is consumers going online for loans.  The smartest thing legislatures can do for consumers is to impose a reasonable regulatory scheme that keeps storefront lenders open.

Posted in CBS, Consumer Federation of America, industryComments (0)


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