Senators Introduce Bill to Crack Down on Online Pay Day Loans

Senators Introduce Bill to Crack Down on Online Pay Day Loans Washington, DC – Today, Oregon’s Senator Jeff Merkley, Senator Tom Udall (D-NM), Senator Dick Durbin (D-IL) and Senator Richard Blumenthal (D-CT) introduced the Stopping Abuse and Fraud in Electronic (SAFE) Lending Act. The SECURE Lending Act would break straight straight down in the worst methods regarding the online payday …