11 09, 2020

Lendmark Supports California Consumer Protection Bill Signed into Law

2020-09-11T22:41:20+00:00

Lendmark Supports California Consumer Protection Bill Signed into Law ATLANTA–( BUSINESS WIRE )–California Governor Gavin Newsom finalized into law AB539, the Fair use of Credit Act, as a result towards the epidemic that is growing of financing this is certainly presently permitted beneath the California Financing Law(1). Based on the many Department that is recent of Oversight report, over 55% of loans to customers between $2,500 and $5,000 were being charged prices of 100% APR or higher(2). AB539’s overwhelming and support that is bipartisan this season’s legislative session had been a sensational https://tagged.reviews/ rebuke for the high-cost financing lobbying efforts that [...]

Lendmark Supports California Consumer Protection Bill Signed into Law 2020-09-11T22:41:20+00:00