CFPB Finalizes Payday Financing Tip. On Oct 5, 2017, the CFPB

CFPB Finalizes Payday Financing Tip. On Oct 5, 2017, the CFPB On October 5, 2017, the CFPB completed the long-awaited tip on payday, vehicle subject, and some high-cost installment financial loans, commonly referred to as the payday credit guideline.The final tip places ability-to-repay specifications on loan providers creating covered temporary financial loans and sealed longer-term …

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