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CFPB Has Spoken: Payday Lending Regs Drop

PYMNTS

But today, the journey came to an end as the CFPB has offered its final ruling on the future of the payday and title lending industry in this country. That destruction is necessary, according to CFPB director Richard Cordray. And it looks like the industry’s future is one that will be smaller – a lot smaller.

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The Final Payday Lending Rule Drops (Now What)

PYMNTS

But today, the journey came to an end as the CFPB has offered its final ruling on the future of the payday and title lending industry in this country. That destruction is necessary, according to CFPB director Richard Cordray. And it looks like the industry’s future is one that will be smaller – a lot smaller.

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