Bonamici and Cummings Urge Banks to Protect their clients from on the web Payday Lender Withdrawals
Bonamici and Cummings Urge Banks to Protect their clients from on the web Payday Lender Withdrawals Washington, D.C. — Congresswoman Suzanne Bonamici (D-OR) and Congressman Elijah Cummings (D-MD) are urging major banking institutions to allow customers to block automated withdrawals extracted from their reports by Internet-based lenders that are payday. In a page to your CEOs regarding the five biggest U.S. retail banking institutions, Bonamici and Cummings asked the professionals to voluntarily follow conditions associated with the Stopping Abuse and [...]