Federal regulation of pay day loans is truly a victory for states’ liberties

Federal regulation of pay day loans is truly a victory for states’ liberties

Back 2014, throughout the first period of their hit HBO show “Last Week Tonight,” John Oliver took regarding the payday loan industry. Boggled by loans that carried as much as a 1,900 apr (APR), Oliver offered up a revised form of the “Lion King” theme track. “It’s the circle of financial obligation!” he sang. Continue reading “Federal regulation of pay day loans is truly a victory for states’ liberties”