It would end states' ability to enforce their own interest-rate limits on loans made by out-of-state banks. The result, more financial distress & fewer protections against triple-digit #Interest rates.
#StopTheDebtTrap
It would end states' ability to enforce their own interest-rate limits on loans made by out-of-state banks. The result, more financial distress & fewer protections against triple-digit #Interest rates.
#StopTheDebtTrap
#StopTheDebtTrap https://loom.ly/I1-avGY
#StopTheDebtTrap https://loom.ly/I1-avGY
undermine state interest rate protections, make it easier
for high-cost lenders to impose triple-digit rates, and add
thousands of dollars to the annual cost of borrowing.
Congress must vote NO. #StopTheDebtTrap @crlonline.bsky.social
undermine state interest rate protections, make it easier
for high-cost lenders to impose triple-digit rates, and add
thousands of dollars to the annual cost of borrowing.
Congress must vote NO. #StopTheDebtTrap @crlonline.bsky.social
To restore and clarify the intent of the Federal interest rate exportation parity for State-chartered banks by allowing States to opt out of preempt...
📢 Introduced in House
https://congress.gov/bill/119th-congress/house-bill/7866
#HR7866 #congress119 #house #republican #congress #newbill
To restore and clarify the intent of the Federal interest rate exportation parity for State-chartered banks by allowing States to opt out of preempt...
📢 Introduced in House
https://congress.gov/bill/119th-congress/house-bill/7866
#HR7866 #congress119 #house #republican #congress #newbill