CFPB Considers Proposal to End Payday Financial Obligation Traps

CFPB Considers Proposal to End Payday Financial Obligation Traps Proposal Would Protect Pay Day Loans, Vehicle Title Loans, and Certain High-Cost Installment and Open-End Loans WASHINGTON, D.C. — Today the customer Financial Protection Bureau (CFPB) announced it really is considering proposing guidelines that would end payday debt traps by needing loan providers to make a…

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