Whitehouse, Durbin Introduce Bill to Crack Down on Pay Day Loans

Legislation would cap interest levels and charges at 36 % for several credit rating deals Washington, D.C personalbadcreditloans.net/reviews/blue-trust-loans-review. – U.S. Senator Sheldon Whitehouse (D-RI) has joined Senate Democratic Whip Dick Durbin (D-IL) in launching the Protecting customers from Unreasonable Credit Rates Act of 2019, legislation that could eradicate the exorbitant prices and high charges charged to customers for payday advances …