‘Rent-a-banks’ involving Utah lending that is high-interest under scrutiny of Congress

‘Rent-a-banks’ involving Utah lending that is high-interest under scrutiny of Congress

‘Rent-a-banks’ involving Utah lending that is high-interest under scrutiny of Congress Customer teams state that high-interest loan providers — who issue such things as payday or vehicle title loans — are using a way that is novel evade state rate of interest caps nationwide: They partner with banking institutions in Utah, which sets no restriction […]