CU leagues, trade groups support delay in CFPB payday rule

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading » As the CFPB rewrites portions of its payday lending rule, state credit union leagues and national trade groups are calling for a delay in implementation and a broad exemption for short-term loans made by credit unions.“We fully support the fight against unscrupulous payday lenders and vehicle title lenders, and we will oppose changes that would allow them to continue preying on the poorest of Americans; however, the rule in its current form unfairly lumps in pro-consumer credit unions with predatory storefront payday and vehicle title lenders,” Paul Guttormsson, vice president of legal and compliance at the Wisconsin Credit Union League, wrote, in urging the agency to delay the mandatory underwriting provisions of the rule.The CFPB has been seeking comment on a proposal to delay the mandatory underwriting provisions of the payday rule for an additional 15 months to November 19, 2020.last_img read more

Nextbike bicycle rental system from now on in two municipalities of Virovitica-Podravina County

first_imgYou can check more about the Nextbike service, as well as a list of rental station locations HERE. Source / photo: Nextbike As for the preparation for the season, he added that “most Nextbike cities open in April, and the remaining stations will be in operation in May. More than 450 bicycles will be deployed throughout our beautiful country.” By setting up bicycle rental stations, it will contribute to the activation of the tourist potentials of Virovitica-Podravina County and will make them more accessible to the target group of users of this excellent service. After the official presentation of the project, a test ride on public bicycles followed. The most attractive thing for the guests was the ease of use via the free mobile application “nextbike” for easy bicycle rental. From today, the local population and all visitors can combine intercity public transport and public bicycles and thus travel faster and cheaper. Bicycles can be rented at two locations with terminals for registration, rental and return of classic and electric bicycles. center_img Asked whether new locations for bicycle rental stations are also planned in the near future and what are the plans for expanding the business, Ante Gustin, director of the Nextbike system, said that “we plan to open new cities such as Split and Dugopolje, while for some existing ones we plan to further expand the network.” Public bicycles are an increasingly popular form of transport in 19 Croatian cities and municipalities, including Pitomača and Špišić Bukovica as of today. They have been set up at cyclotouristic rest areas in the area of ​​the mentioned municipalities Nextbike stations for renting classic and electric bicycles. The Ministry of Tourism has approved co-financing of a project that enriches public transport and strengthens the destination offer. The public bicycle system significantly reduces emissions, noise, traffic jams and parking problems. The Nextbike system of public bicycles in Croatia, Slovenia and Bosnia and Herzegovina has about 50 registered users who have recognized it as the most affordable, fastest, healthiest and most fun transport.last_img read more