Customer Financial Protection Bureau Defends Borrowers from Prohibited High-Cost Loans

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Customer Financial Protection Bureau Defends Borrowers from Prohibited High-Cost Loans Washington, DC – The Consumer Financial Protection Bureau (CFPB) yesterday took action against four tribally affiliated online payday installment loan providers for deceiving customers and gathering financial obligation that had not been lawfully owed in several states since the loans surpassed state rate of interest caps or considering that the …