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Considering that the Madden ruling, financiers have already been hopeless to overturn it in certain fashion, either through litigation, legislation, or change that is regulatory. Home Republicans have actually introduced legislation with this (troublingly, with ny Democrat Gregory Meeks as a co-sponsor), but to no avail. With the Trump administrationвЂ™s ascendance, nevertheless, the industry saw its possibility. Continue reading The regulators state clearly that so long as the high-interest loan was вЂњvalid when made,вЂќ it could be used in any lender that is non-bank.