Activists Oppose OCC’s True Lender Rule

Consumer & Civil Rights Advocates to OCC: Your Proposed “True Lender” Rule Would Help Fraudulent, Predatory Lenders Evade State Interest Rate Laws that Protect FamiliesQ2 2020 hedge fund letters, conferences and moreThe timing of the OCC’s embrace of predatory lenders could not be worse.We are in the midst of an unprecedented health crisis and a severe economic crisis, with both crises impacting communities of color more heavily than white communities.OCC’s True Lender Rule Would Help Evade State Interest Rate LawsWASHINGTON, D.C. – A proposal by the regulator of the nation’s largest banks wou…

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HEDGE accordingly