CFPB Payday Rule Survives Threat that is legislative Intact For The Present Time

CFPB Payday Rule Survives Threat that is legislative Intact For The Present Time

“This historic triumph may be the culmination of years of time and effort by customer advocates. Thousands and thousands of consumers in Illinois have looked to payday advances, but our guidelines try not to protect them from getting caught in a debt trap – a period of perform borrowing that stretches far beyond a solitary payday, ” said Brent Adams, Senior Vice President of Policy and correspondence for Woodstock Institute. Continue reading “CFPB Payday Rule Survives Threat that is legislative Intact For The Present Time”