Archives: Iowa Online Bad Credit

A brand new Bill in Congress Would Make Cellphone Mortgage Loans Even More Predatory

Tomorrow, the House of Representatives will vote for a bill that could enable employees at manufactured home retailers—who sell houses usually called homes that are“mobile or “trailers”—to guide customers towards certain loan alternatives. The Senate Banking Committee will vote for a comparable proposition on December 5.

It’s a bill that is wonky plus it’s flown underneath the radar thus far. But—particularly offered the war that is political waged in the customer Financial Protection Bureau—it should not get hidden. Continue reading