The Financial CHOICE Act, Predatory Lending and the CFPB

| Present

On June 13, 2017, the US House of Representatives passed the so-called Financial CHOICE Act. According to an alarm sent out in early June by the Southern Poverty Law Center (SPLC), this Act “would strip away safeguards needed to stop predatory lenders from trapping low-income people in an endless cycle of poverty and debt.” Some “choice,” […]