CFPB Clamps Down on Payday Lenders – accidentally Impacts cash advance Customers and State Financial Regulators

CFPB Clamps Down on Payday Lenders – accidentally Impacts cash advance Customers and State Financial Regulators On Thursday June 2, 2016, the CFPB proposed guidelines that would spot more powerful regulation on costly, short-term consumer loans being produced principally by Payday and Auto Title loan providers. These rules are available for general public and industry…

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