Let me make it clear about managing pay day loans: Why this will result in the CFPB’S brief List

Let me make it clear about managing pay day loans: Why this will result in the CFPB’S brief List

The CFPB and Payday Lending

Since set out within the section that is prior the CFPB can ban outright any product which is either unfair or abusive. The CFPB can additionally control all items which have the possibility to be abusive or unjust. Pay day loans arguably fit both definitions. […]