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CFPB Releases Proposed Rule to boost Regulation of Payday Lenders We We We Blog Bankin’ Bits
CFPB Releases Proposed Rule to boost Regulation of Payday Lenders We We We Blog Bankin’ Bits On June 1, 2016, the buyer Financial Protection Bureau circulated a proposed rule that will limit the power for payday loan providers to originate loans. The proposition includes both loans with a term of 45 times or less and loans with a term higher…