On Thursday, July 15, Congress passed the strongest financial reform bill since the Great Depression, tightening restrictions on banks and Wall Street, cracking down on lending practices, and expanding consumer protections in order to prevent a repeat of the 2008 meltdown, the consequences from which we are still reeling. President Obama will sign the billContinue reading “Congress Passes Financial Reform Bill!”
Tag Archives: payday loans
Colorado Progressive Coalition Hails Payday Lending Reform Passage
On May 5th, 2010, the Colorado state legislature passed a payday lending reform bill that is a huge victory against predatory lending, and will benefit an estimated 200,000 low-income Coloradans annually.