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 rules that would end payday debt traps by needing lenders to make a plan to ensure customers can repay their loans. Continuer la lecture de « CFPB Considers Proposal to End Payday Financial Obligation Traps »