Jones introduces bipartisan legislation forbidding mailed unsolicited “live” loan checks
Monday U.S. Senator Doug Jones (D-Alabama) joined Senators Tom Cotton (R-Arkansas), and Jeff Merkley (D-Oregon) in introduced legislation that would end the practice of mailing high-interest loans to consumers in the form of “live” checks. When consumers receive these loan checks, many unknowingly believe they have received money from their bank or financial institution, not … Continued
December 11, 2018