Days Before Crucial Deadline, the National Consumer Law Center Joins Over 325 Groups Calling for Congress to Rescind 'Fake Lender' Rule That Facilitates Predatory Loan Schemes
March 23, 2021
March 23, 2021
WASHINGTON, March 23 -- The National Consumer Law Center issued the following news release on March 22, 221:
With just a few days left before a crucial deadline, a broad coalition of 325 organizations in all 50 states is calling for Congress to eliminate a Trump-era regulation that took effect in December and could "unleash predatory lending in all fifty states." The rushed "fake lender" rule, which was issued by the Office of the Comptroller of the Currency (OCC . . .
With just a few days left before a crucial deadline, a broad coalition of 325 organizations in all 50 states is calling for Congress to eliminate a Trump-era regulation that took effect in December and could "unleash predatory lending in all fifty states." The rushed "fake lender" rule, which was issued by the Office of the Comptroller of the Currency (OCC . . .