Black, Latino borrowers may suffer most as Trump destroys payday-loan rule

 

Source: David Lazarus, Los Angeles Times ( Paid Registration )

The Trump administration last week threw out a rule aimed at protecting working people from payday lenders.

This isn’t just the latest example of a business-friendly White House placing the interests of companies ahead of those of consumers. It’s also the latest example of Trump ignoring the economic disadvantages of Black and Latino Americans and other people of color.

Read Full Article: Black, Latino borrowers may suffer most as Trump destroys payday-loan rule

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