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Letter to the FDIC Opposing the Evisceration of State Interest Rate Limits Around the Country

February 4, 2020
Payday and Other Small Dollar Loans
Payday Loans
Comment Letter

The undersigned community, consumer, civil rights, faith and small business organizations write to strongly oppose the FDIC’s proposed rule on “federal interest rates,” which threatens to eviscerate state interest rate limits around the country and encourage the spread of predatory lending. Download the letter to continue reading. (PDF)