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Heinrich Cosponsors Legislation to Stop Predatory Payday Lending Practices
December 04, 2024
WASHINGTON, Dec. 4 -- Sen. Martin Heinrich, D-New Mexico, issued the following news release:

Senator Martin Heinrich (D-N.M.) cosponsored the Stopping Abuse and Fraud in Electronic (SAFE) Lending Act, legislation that will safeguard consumers from predatory payday lending practices.

"Part of building an economy that benefits working people means cracking down on predatory lending practices that put folks into an endless cycle of debt," said Heinrich. "Wit . . .

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