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National Association of Loan Sharks Endorses State Credit Rate Caps

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National Association of Loan Sharks Endorses State Credit Rate Caps

When it comes to federal or state policymakers imposing cruel and unfair interest rate caps on consumer credit loans, it’s no joke. Consumers – particularly those most in need of small dollar loans – are harmed. They are forced to turn to the very unsavory lenders policymakers and consumer “watch dogs” claim to be focusing on. Now that the loan sharks have their own trade association, perhaps elected officials will pay a bit more attention to the problem:

April 1st, 2021 by