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Pay Day Loans Under Attack: The CFPB’s Brand Brand New Rule Could affect high-Cost, dramatically Short-Term Lending

Pay Day Loans Under Attack: The CFPB’s Brand Brand New Rule Could affect high-Cost, dramatically Short-Term Lending On June 2, 2016, the customer Financial Protection Bureau (“CFPB” or “Bureau”) proposed a brand new guideline under its authority to supervise and manage particular payday, car name, along with other high-cost installment loans (the “Proposed Rule” or …

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