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Predators without any pity. Despite most of the damage, the high-cost financing industry will continue to push for deregulation

Predators without any pity. Despite most of the damage, the high-cost financing industry will continue to push for deregulation

The high-cost lending industry continues to push for deregulation despite all the damage

Quick simply just take: Predatory, high-cost loan providers are in it again. The high-cost lending industry is staying true to its tradition of shameless profiteering by pushing legislation in Washington and Raleigh that would oosen the regulation of various consumer loan products despite its intimate involvement with the ongoing economic crisis. People who worry about preserving vermont’s proud, pro-consumer traditions should spend attention that is close.

“Audacity,” “nerve,” “chutzpah,” “impudence,” “shamelessness,” “unmitigated gall”: No, they are perhaps not excerpts through the latest editorial page ratings of Mark Sanford, John Edwards or Sarah Palin. Continue reading Predators without any pity. Despite most of the damage, the high-cost financing industry will continue to push for deregulation