Sens. Jones, Cotton, Merkley Legislation to Stop Predatory Unsolicited Loans
December 13, 2019
December 13, 2019
WASHINGTON, Dec. 13 -- Sen. Doug Jones, D-Alabama, issued the following news release:
U.S. Senators Doug Jones (D-Ala.), Tom Cotton (R-Ark.), and Jeff Merkley (D-Ore.) have reintroduced bipartisan legislation--the Unsolicited Loan Act --that would halt the predatory practice of mailing high-interest loans to consumers in the form of "live" checks.
Often times, when consumers receive these checks in the mail they believe them to be from their bank or another tr . . .
U.S. Senators Doug Jones (D-Ala.), Tom Cotton (R-Ark.), and Jeff Merkley (D-Ore.) have reintroduced bipartisan legislation--the Unsolicited Loan Act --that would halt the predatory practice of mailing high-interest loans to consumers in the form of "live" checks.
Often times, when consumers receive these checks in the mail they believe them to be from their bank or another tr . . .