CFPB Finalizes Rule to avoid Payday Debt Traps. The CFPB rule aims to stop financial obligation traps by investing in destination strong ability-to-repay defenses.

CFPB Finalizes Rule to avoid Payday Debt Traps. The CFPB rule aims to stop financial obligation traps by investing in destination strong ability-to-repay defenses. The buyer Financial Protection Bureau on Thursday finalized a guideline targeted at stopping payday financial obligation traps by needing loan providers to ascertain at the start whether individuals are able to

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