Isn’t this how we got into the Great Recession?
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There is a payday lender and a title loan establishment on every corner in Newport News, VA.
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If these are Virginian owned business lending to Virginia residents, then the state laws should be sufficient.
#keepitlocal#communityBanks local property taxes should stay localThanks. Twitter will use this to make your timeline better. UndoUndo
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Isn't that just simple lending practices? Seriously, if you were a lender would you make a loan to someone that can't pay it back? Don't need the government to figure that out!
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Thank you
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Probably only thing I may agree with. But CFPB is just political agency They did not reg big banks like Wells, who had alot of political appointees in admin Hurt small & community banks.
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They want us broke, sick and dumb. What a country they'll be left with after all this. They're intent on sending us into the Dark Ages- when feudal lords ruled and people cowered.
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And that means that the financial scammers have enough money to buy off the GOP Congress, and have done so! Their rates are usurious and should be a crime, as they trap the financially least competent!
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Every step repubs take is toward growing the ranks of the working poor.
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No Dim. Unemployment down, corporations promising more jobs.
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Trump school of finance. Take big loan, claim bankruptcy. Easey Peasey.
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CFPB is more DC bureaucracy setting its own rules. Epitomizes deToqueville’s Soft Despotism
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this is wrong, so wrong.
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EVERY republican bill undermines the American taxpayers.
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