CFPB Proposes to Relax Cash Advance Regulation

CFPB Proposes to Relax Cash Advance Regulation Consumer advocates sound concern about «debt traps.» Alternative methods to borrow funds. The customer Financial Protection Bureau today proposed rolling straight straight straight back the provision that is key of Obama-era financing guideline made to protect individuals using short-term, high-interest loans, also called small-dollar or pay day loans. …

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