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CFPB Proposed Payday Rule: What You Should Understand

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CFPB Proposed Payday Rule: What You Should Understand Previously come early july, the CFPB issued its proposed payday guideline. Hailed as an endeavor to finish traps” that is“payday the 1,334-page missive details both short term installment loans and specific long term high-cost loans. The proposed rule places limitations on how lenders collect on covered loans […]