Posts Tagged “Donations”
Posted by: in Payday Loan, tags: Bank Of America, Capitol Hill, Chicago Democrat, Clout, Consumer Credit Transactions, Donations, Excerpt, House Committee On Financial Services, Jp Morgan, Jp Morgan Chase, Luis Gutierrez, Payday Loan Industry, Random
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Rep. Luis Gutierrez has spoken at length about the clout the payday loan industry wields on Capitol Hill. In fact, during a hearing before the House Committee on Financial Services (which he chairs), the Chicago Democrat admitted that implementing a 36 percent cap on all consumer credit transactions is ” not possible ” because of the industry’s lobbying power. He further told the AP , “While they may not be JP Morgan Chase or Bank of America, they’ve very powerful. Their influence should not be
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Random Feed wrote an interesting post today on
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Aggregated by HispanicTips :: Hispanic & Latino News & Information
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Random Feed wrote an interesting post today on
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Rep. Luis Gutiérrez (D-Chicago) is taking some heat for accepting campaign contributions from payday lenders. That’s because he’s playing a leading role in efforts to regulate the loans. A statement from Gutiérrez to WBEZ this week says he’ll quit taking those donations.
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Posted by: in Payday Loan, tags: Bad Credit, Buying Shares, Christopher Dodd, Consumer Groups, Credit Card Providers, Democratic Senator, Donations, Excerpt, High Interest Loans, Hock Shop, Investors, Money, Pawnshop, Payday Loan Industry, Predatory Lending Practices, Random, Senators, Social Bookmarking Sites, Thousands Of Dollars, Web Pages
Random Feed wrote an interesting post today on
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Hey, they’re just buying shares in one of the best Senators money can buy : U.S. Sen. Christopher Dodd, who has won praise from consumer groups for taking on credit card providers over predatory lending practices, has collected thousands of dollars in donations from people affiliated with the so-called payday loan industry. The Democratic senator raised more than $44,000 from pawnshop owners and other businesses that provide high-interest loans, often to those with bad credit, according to
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Posted by: in Payday Loan, tags: Campaign Contributions, Christopher Dodd, Consumer Groups, Credit Card Providers, Donations, Excerpt, Hartford Courant, Industry Share, Payday Loan Industry, People, Predatory Lending Practices, Random, Social Bookmarking Sites, Thousands Of Dollars, Web Pages
Random Feed wrote an interesting post today on
Here’s a quick excerpt
U.S. Sen. Christopher Dodd , who has won praise from consumer groups for taking on credit card providers over predatory lending practices, has collected thousands of dollars in donations from people affiliated with the so-called payday loan industry.
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