AFR within the News: Liberal Groups straight right straight Back ‘Operation Choke Point’

In CQ, reporter Ben Weyl quotes from a joint AFR/CFA/NCLC letter to Senators: “Fighting re payment fraudulence shouldn’t be controversial. Everybody advantages of efforts to prevent activity that is illegal depends on the re re payment system.” As Weyl continues on to see, “Conservative activists and GOP lawmakers have actually accused the national government of pursuing law-abiding organizations that cross the management’s agenda, including weapon vendors.” However the investigations that are known in the title of procedure Choke Point have got all been directed at out-and-out-fraud.

AFR Calls for Strong Guidelines on Payday Lending

The customer Financial Protection Bureau’s latest report on payday financing reaffirms exactly exactly exactly what the Bureau’s initial research revealed a 12 months ago: these ultra-high-cost loans, while promoted as a type of crisis credit, regularly result in a period of financial obligation.

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