During the height of the COVID-19 pandemic, federal rules requiring lenders to determine a customer's ability to repay high-cost loans were substantially rolled back, and new rules were established to facilitate partnerships between predatory lenders and national banks.

Authors

• Person: Not available Organization: Maine Center for Economic Policy
  Predatory Lending — An Explainer - MECEP

Sources

• Predatory Lending — An Explainer - MECEP www.mecep.org Maine Center for Economic Policy via serper

Referenced by nodes (1)

• COVID-19 pandemic event