Spitzer Not Preempted In Suit To Cease Prohibited Payday Lending Scheme

Spitzer Not Preempted In Suit To Cease Prohibited Payday Lending Scheme Attorney General Spitzer today hailed a choice released by way of a district that is federal rejecting a declare that their state is preempted by federal legislation from pursuing claims against organizations engaged in payday financing schemes. “The rent-a-bank’ scheme for this unlawful payday […]