Another Way Regulation Could Limit Economic Opportunity for Millions
Yet again, the 2010 Dodd-Frank Act has spawned an out-of-touch regulation that could harm millions of Americans. The proposed rule titled “Payday, Vehicle Title, and Certain High-Cost Installment Loans” covers small-dollar loans with terms less than 45 days, as well as certain loans with terms longer than 45 days that have an “all-in” annual percentage […]