Operation Choke Point Focused On Online Payday Loans

By | Jun 6, 2014

It’s been well documented that “Operation Choke Point” is targeting a multitude of legitimate businesses including gun shops, porn stars, vitamins, and small dollar credit. A new House of Representatives report has revealed even more.

“Contrary to the Department’s public statements, Operation Choke Point was primarily focused on the payday lending industry. Internal memoranda and communications demonstrate that Operation Choke Point was focused on short-term lending, and online lending in particular. Senior officials expressed their belief that its elimination would be a “significant accomplishment” for consumers.”

The Department of Justice’s “Operation Choke Point”: Illegally Choking Off Legitimate Businesses?
Staff Report
113th Congress
May 29, 2014

Read it here: Staff Report

To have these timely Posts delivered to your inbox, sign up below. Spam is for jerks! We are not jerks!!

Enter your email address:Delivered by FeedBurner
2 Comments so far
  1. Jeffrey June 6, 2014 7:36 pm


  2. Payday Loan Industry June 6, 2014 7:37 pm

    Well said.

Leave a Comment

If you would like to make a comment, please fill out the form below.

Name (required)

Email (required)



What is 9 + 13 ?
Please leave these two fields as-is:
IMPORTANT! To be able to proceed, you need to solve the following simple math (so we know that you are a human) :-)
© 2009-2019... Consultants for Lenders, - Payday Loan Biz Resources & Courses How to Start Title Loan Business Website Legal Terms Disclosure