36 min listen
Protecting Consumers from Predatory Lenders
Protecting Consumers from Predatory Lenders
ratings:
Length:
29 minutes
Released:
Oct 24, 2019
Format:
Podcast episode
Description
For years Loan sharks have been praying on California consumers through loans with interest as high as 200% or even 300%. Irresponsible lenders have particularly targeted low income African American and Latinos. In this new episode of Look West, Assemblymember Monique Limón, the author of the new law that caps interest rates for loans between $2,500 to $10,000 to 36%, talks about the problem and what is next with nationally recognized Social and Economic Justice advocate Reverend Shane B. Scott.
Released:
Oct 24, 2019
Format:
Podcast episode
Titles in the series (100)
Assemblymember Jim Wood & Assemblymember Joaquin Arambula on Healthcare: Assemblymember Jim Wood & Assemblymember Joaquin Arambula on Healthcare by Look West: How California is Leading the Nation