I think the payday lending rule's purpose is pretty simple, and I think actually most Americans, regardless of side, would agree on this, that lenders should figure out up front whether a borrower is able to pay back a loan.
Editor's note · Context
Crapo emphasizes the importance of responsible lending practices.
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More from Mike Crapo
Senator Welch, first of all, I appreciate your acknowledging that we do want to work together. I would hope that you would acknowledge that we are working together to try to find solutions. This notion that the fact that we haven't had a…
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