U.S. Senators Sherrod Brown and Marco Rubio have called for a ban on confessions of judgement, a tactic predatory lenders use to make borrowers forfeit the right to defend themselves in court, according to a report from Bloomberg. Brown, a Democrat on the Senate Banking Committee from Ohio, and Rubio, a Republican from Florida, said […]
Rubio, Brown Want To Outlaw Confession Loans For Small Businesses
December 6, 2018 | PYMNTS | Shares: 1
