Center for Responsible Lending: Consumer Advocates Urge Regulators to End Predatory Bank-Fintech Partnerships
November 01, 2024
November 01, 2024
DURHAM, North Carolina, Nov. 1 -- The Center for Responsible Lending issued the following news release on Oct. 31, 2024:
The Center for Responsible Lending (CRL), National Consumer Law Center (NCLC), and the Student Borrower Protection Center (SBPC) submitted comments yesterday urging bank regulators to end bank-fintech partnerships that engage in predatory lending, evade the law, and pose a high risk of unfair, deceptive, or abusive practices and violations of consumer protection l . . .
The Center for Responsible Lending (CRL), National Consumer Law Center (NCLC), and the Student Borrower Protection Center (SBPC) submitted comments yesterday urging bank regulators to end bank-fintech partnerships that engage in predatory lending, evade the law, and pose a high risk of unfair, deceptive, or abusive practices and violations of consumer protection l . . .