'Rent-a-Banks' Defy Efforts to Curb High-Cost Lending

High-cost lenders are forming partnerships with banks to skirt interest-rate caps in dozens of states, in a controversial type of arrangement that is pitting state regulators and consumer advocates against the credit industry.

'Rent-a-Banks' Defy Efforts to Curb High-Cost Lending
High-cost lenders are forming partnerships with banks to skirt interest-rate caps in dozens of states, in a controversial type of arrangement that is pitting state regulators and consumer advocates against the credit industry.