Congress Introduces Resolution to Rescind “Fake Lender” Rule that Facilitates Predatory Lenders’ Evasions of State Interest Rate Limits
330+ groups representing all 50 states and the District of Columbia called for Congress to support a resolution to overturn a rule that helps triple-digit interest rate loans spread across the country by evading state and voter-approved interest rate caps WASHINGTON, D.C. – The Center for Responsible Lending (CRL) applauds Senators Chris Van Hollen (D-MD), Sherrod Brown (D-OH), and Congressman...