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 by the workplace associated with the Comptroller regarding the Currency (OCC) will allow it to be easier for predatory loan providers ..Continue Reading