Consumer Reports urges OCC to rescind proposition that could encourage “rent-a-bank” lending schemes

Category Archives: 1 Hour Online Payday Loans

Consumer Reports urges OCC to rescind proposition that could encourage “rent-a-bank” lending schemes OCC proposal undermines state efforts to safeguard consumers from predatory lenders WASHINGTON, D.C. – A proposal by the workplace regarding the Comptroller for the Currency (OCC) would ensure it is easier for predatory loan providers to evade state rules interest that is limiting by partnering with nationwide banking institutions, relating to customer Reports.