Recent News About Self-Help Credit Union (Mm)
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National groups lobbying for South Carolina lending restrictions have received millions in federal ‘taxpayer assistance’ while lobbying to ‘shut down the competition’
Two groups pushing for restrictions on installment lenders in South Carolina are part of a “network of businesses and advocacy groups—which has cumulatively received more than $380 million in federal grants, loans, and other taxpayer assistance since 1996" and "has spent millions lobbying the federal government on measures including additional regulations on those lenders,” reported the Washington Free Beacon.