Thousands of Idaho residents are strapped for cash. The economic recession has devastated the lives of Idahoans across the state. As the need to make the dollar stretch increase, financial resources from traditional banks decrease. Payday loan centers have seized an opportunity to profit from the misfortune of those in need. Predatory lenders have lined the sidewalksContinue reading “Taking on Predatory Lending in Idaho”
Tag Archives: anti-predatory lending measures
Congress Passes Financial Reform Bill!
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!”