Why The Final Payday Lending Rules Are Far From The Last Word
PYMNTS
OCTOBER 11, 2017
Last week, after five years of debates, discussions, arguments and waiting, the Consumer Financial Protection Bureau’s (CFPB) final rules for payday lending dropped. Payday lenders have exploited loophole after loophole to trap working people in debt, and this rule will help put an end to their abusive practices.”.
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