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Payday loan providers get unforeseen reprieve from CFPB guideline

Payday loan providers get unforeseen reprieve from CFPB guideline A federal judge delivered another success to payday loan providers by making set up a stick to the conformity date for the customer Financial Protection Bureau’s 2017 lending rule that is payday. That rule, drafted under former CFPB Director Richard Cordray, had two key elements: brand brand new underwriting needs for …

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