House Financial Services Committee Approves Legislation to Help Keep Lending Partnerships Between Banks and Online Lenders

The House Financial Services Committee has approved HR 3299 or the “Protecting Consumers’ Access to Credit Act of 2017.” The bill “restores consistency” in lending laws across state boundaries. HR 3299 impacts the case of Midland Funding, LLC v. Madden – an ongoing law suit… Read More
Read more in: Opinion, Politics, Legal & Regulation | Tagged brian peters, fin, financial innovation now, hr 3299, midland vs madden, patrick mchenry, protecting consumers access to credit act of 2017