CFPB Payday Lending Rules 2.0 — What’s Next
PYMNTS
FEBRUARY 7, 2019
The next chapter in the ongoing saga that is payday loan regulation officially began yesterday (Feb. 6), with the announcement that the Consumer Financial Protection Bureau (CFPB) will overhaul a series of 2017 payday loan regulations, set to go into effect in August 2019. The Tumultuous Response.
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