CFPB Revokes Payday Lending Restrictions Designed To Safeguard Borrowers. CFPB Guts Obama-era Payday Lending Rule
CFPB Revokes Payday Lending Restrictions Designed To Safeguard Borrowers. CFPB Guts Obama-era Payday Lending Rule The buyer Financial Protection Bureau (CFPB) will now ensure it is easier for payday lenders to offer short-term, high-interest loans to clients who might not be in a position to manage to repay them. The bureau’s final modification to an …