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Could be the Predatory Lending customer Act effective in decreasing pay day loans?

Could be the Predatory Lending customer Act effective in decreasing pay day loans? In a pr release supporting https://paydayloansmissouri.org/ customer Financial Protection Bureau payday financing guidelines, Rep. Gordon Hintz, D-Oshkosh, recently re-elected within the state Assembly’s 54th District , stated Wisconsin’s Predatory Lending customer Act is not sufficient to protect customers from predatory financing techniques. He stated while pay day loan figures are reduced because the work had been passed…