Tag Archive | "Durbin"

Take Action! Oppose Durbin’s Rate Cap Amendment


Senator Durbin’s 36% rate cap bill, which would kill short-term lending like payday loans, may be offered as an amendment–Amendment 1089–to the Credit Card Bill of Rights legislation currently before the senate.

CFSA is suggesting you write your Senators and urge them to oppose this amendment and protect consumer credit access.

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THE DEMAND FOR SHORT-TERM CREDIT