CFPB rolls straight back ‘ability-to-repay’ part of payday financing guideline
CFPB rolls straight back ‘ability-to-repay’ part of payday financing guideline The customer Financial Protection Bureau (CFPB) on Tuesday eliminated the “ability-to-repay” conditions from the 2017 payday lending guideline that never ever took effect, but happens to be the foundation of the court battle that is drawn-out. The conditions might have restricted how many consecutive, short-term …
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