Hearing Examined Financial Loans Frequently Marketed to Low-Income People In The Us, Including Pay Day Loans, Installment Loans, and Car Title Loans
WASHINGTON, D.C. — Today, U.S. Sen. Sherrod Brown (D-OH) chaired a hearing associated with the Senate Banking Subcommittee on finance institutions and customer Protection. The hearing, entitled “Are Alternative lending options Serving Consumers,” examined problems impacting unbanked and “underbanked” People in the us, including payday loans, installment loans, car name loans, and deposit advance loans. Continue reading “Sen. Brown Chaired Examining that is hearing Payday And Problems Affecting “Underbanked” Americans”