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Wasserman Schultz incorrect on pay day loans

Wasserman Schultz incorrect on pay day loans

Florida’s congressional delegation is with in unusual bipartisan help on an problem. Unfortuitously, it is the incorrect problem.

The problem is the buyer Financial Protection Bureau’s want to control pay day loans. Since 7 per cent of Floridians must resort to this predatory kind of small-dollar credit — almost the greatest price when you look at the nation — their state delegation should right straight back the push for legislation. Rather, Democrats and Republicans are supporting the industry.

The problem has drawn attention that is local because Tim Canova, that is challenging U.S. Rep. Debbie Wasserman Schultz when you look at the Democratic primary, has criticized the incumbent on her help of HR 4018. […]

By |February 18th, 2021|instant payday loans no brokers|0 Comments
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