CFPB Finalizes Payday Financing Guideline. On Oct 5, 2017, the CFPB On Oct 5, 2017, the CFPB completed its long-awaited tip on payday, vehicle title, and particular high-cost installment debts, commonly referred to as the payday lending guideline.The best tip places ability-to-repay criteria on loan providers generating covered short-term loans and sealed long-term balloon-payment loans. For several covered debts, as […]
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