Consumer Reports urges OCC to rescind proposition that will encourage “rent-a-bank” lending schemes
Consumer Reports urges OCC to rescind proposition that will encourage “rent-a-bank” lending schemes OCC proposal undermines state efforts to safeguard consumers from predatory lenders WASHINGTON, D.C. – A proposal because of the workplace associated with Comptroller for the Currency (OCC) would ensure it is easier for predatory loan providers to evade state laws and regulations […]