Froma Harrop: pay day loans crushing the souls of borrowers

Froma Harrop: pay day loans crushing the souls of borrowers

The mortgage Shark Protection Act would restrict the interest charged on charge cards to 15 per cent. A 15 % limit would too lower. Too bad the bill’s sponsors, Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez, weren’t more careful, because their clumsy approach arms ammo to foes of those reining in really abusive types of credit, the essential obscene instance being the cash advance. مطالعه بیشتر