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General News    H2'ed 10/15/17

SBA Failure to Reign in Predatory Lending Could Lead to Second Banking Crisis

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That they will have the tools to be an active part of that process. That small businesses have a borrowers bill of right that isn't toothless. That they have a vehicle to communicate with investigators who can help them and that they will be on more even footing in the courts.

If regulators don't pivot from their reliance on lending institution self-reporting toward a more consumer centrist view of their regulatory role the nation risks being blindsided by another crash.

One with a far heavier price to pay for the American economy.

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Cory Clark is a freelance photojournalist and writer focused on civil and human rights issues, social justice and politics. He is a regular contributor with Getty Images, AP and AFP. His work has appeared in, The Guardian, Fortune (more...)
 

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