Florida battles federal federal federal government legislation of pay day loans, pushes very own law as nationwide model A former Florida lawmaker who was instrumental in helping the Sunshine State pass one of toughest laws protecting consumers from predatory lending is warning that the federal proposal is too heavy-handed, strips states of their rights and deprives consumers of emergency lending options as the Consumer Financial Protection Bureau embarks on a rule-making process that payday lenders estimate will put 70 percent of their industry out of business. “People need usage of small-dollar loans should they don’t have credit, aside from good Continue reading