Dodd Collects Donations From Payday Loan Industry
The people affiliated with the payday loan industry made amusing thousands of dollars donations to Sen. Christopher J. Dodd. I am sure it has to do something with their ongoing bill on – Capitalizing annual interest rates of consumer loans at 36 percent. Moreover, Dodd is the chairman of Senate Banking Committee. Pawnbrokers and other businesses, which provide high-interest loans to even people with bad credit ratings, have also donated around $44,000 to Dodd. The …
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