Senators Jones reintroduces bipartisan legislation to stop predatory unsolicited loans
U.S. Senators Doug Jones (D-Ala.), Tom Cotton (R-Ark.), and Jeff Merkley (D-Ore.) have reintroduced bipartisan legislation—the Unsolicited Loan Act —that would halt the predatory practice of mailing high-interest loans to consumers in the form of “live” checks. Often times, when consumers receive these checks in the mail they believe them to be from their bank … Continued
December 16, 2019