I think ultimately payday lending can quickly become a debt trap, and I don't think that the proposed rollback strikes the right balance between consumer protection and access to credit.
Ben McAdams: “I think ultimately payday lending can quickly become a debt trap, and I don't think that the proposed rollback strikes…”
On the recordMarch 6, 2019
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congress.govEditor's note · Context
McAdams expresses concern over payday lending becoming a debt trap.
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