Congress Introduces Resolution to Rescind OCC’s “Fake Lender” Rule, Which Protects Predatory Lenders’ Evasions of State Interest Rate Limits
FOR IMMEDIATE RELEASE: March 25, 2021 325+ groups representing all 50 states and the District of Columbia called for Congress to support a resolution to overturn a rule that helps triple-digit interest rate loans evade state and voter-approved interest rate caps and spread across the country WASHINGTON, D.C. – Advocates at the National Consumer Law…