Labor, Civil Rights and Consumer Groups Oppose House Bills That Facilitate Predatory 'Fintech' Lending
April 17, 2024
April 17, 2024
DURHAM, North Carolina, April 17 -- The Center for Responsible Lending issued the following news release:
The U.S. House of Representatives Financial Services Committee will vote tomorrow morning on several pieces of legislation that could harm consumers. The Center for Responsible Lending (CRL) joined dozens of advocacy organizations in letters opposing two of these bills: the "Earned Wage Access Consumer Protection Act" (H.R. 7428) and "The Financial Services Innova . . .
The U.S. House of Representatives Financial Services Committee will vote tomorrow morning on several pieces of legislation that could harm consumers. The Center for Responsible Lending (CRL) joined dozens of advocacy organizations in letters opposing two of these bills: the "Earned Wage Access Consumer Protection Act" (H.R. 7428) and "The Financial Services Innova . . .