The states have taken the lead when it comes to interest rate caps with 32 states capping APR at 36%; while there are two proposals in Congress today to cap interest rates nationally, one at 36% and one at 15%, there is little chance of either bill becoming law any time soon; there is disagreement even within the Democratic Party on whether to pursue these proposals; consumer groups argue that high interest rates hurt consumers while the industry argues that capping interest rates nationally will result in less access to credit; Jared Kaplan, the CEO of Opploans, said that while the industry need more regulation, “it should be in the form of principles and guidelines rather than arbitrary caps”. American Banker
With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences.
Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.