fintech

Groups Oppose OCC Special Purpose "Bank" Charters for Fintech

Publish Date: 
November 14, 2016
Type: 
legislative

NACA joins other consumer, civil rights, small business, and other community organizations to express strong opposition to new federal nonbank lending charters that would enable chartered entities to avoid state interest rate caps, other state consumer protection laws, and state oversight, that put consumers and small businesses at risk.

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