Payments Dive: Trump should nix high-cost loans
In an op-ed appearing in Payments Dive on May 28, 2026, NCLC Senior Attorney Lauren Saunders explains that if the president wants to provide people relief from high-interest debt, he should lead a crackdown against high-cost credit schemes. If Trump-appointed regulators approve Enova’s and OppFi’s applications to purchase small national banks, both could charge 100% APRs, or…
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