Obama pushes payday financing guidelines in Alabama

Obama pushes payday financing guidelines in Alabama

President Obama talks about the economy and lending that is payday, at Lawson State Community university in Birmingham, Ala. (Picture: Jacquelyn Martin, AP)

WASHINGTON — President Obama pushed for stricter payday lending guidelines Thursday as he defended the government’s customer security watchdog against Republican efforts to defund the agency. Continue reading “Obama pushes payday financing guidelines in Alabama”