Ban on Predatory-Lending Tactic Passes House Finance Committee
An employee uses a machine to count U.S. one-hundred dollar banknotes. (Photographer: Paul Yeung/Bloomberg)

Ban on Predatory-Lending Tactic Passes House Finance Committee

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(Bloomberg) -- A House committee approved a bill to protect small businesses from predatory lenders who seize their assets without warning using a legal instrument called a confession of judgment.
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