CFPB Has Spoken: Payday Lending Regs Drop
PYMNTS
OCTOBER 6, 2017
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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