CFPB Revokes Payday Lending Restrictions Supposed To Safeguard Borrowers

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CFPB Revokes Payday Lending Restrictions Supposed To Safeguard Borrowers The customer Financial Protection Bureau (CFPB) will now ensure it is easier for payday lenders to provide short-term, high-interest loans to clients whom may possibly not be in a position to manage to repay them. The bureau’s revision that is final an Obama-era guideline is provoking heated reactions from consumer advocates …