19 Feb

Let me make it clear about Federal bill would cap loan interest for customers

Wisconsin Republican Grothman joins Democrats in sponsoring legislation to produce borrowers from ‘debt trap’

Wisconsin Congressman Glenn Grothman (R- Glenbeulah ) introduced legislation that is bipartisan week along side a few modern co-sponsors that geared towards protecting customers from predatory loan providers.

“Just on its face, where you’re interest that is getting up over 300%, it is immoral,” Grothman said in a phone press seminar on Tuesday to mark the development of the balance. Read More