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Assaults on Payday Lending: Ballot Initiatives, Legislation, and Attorney General Enforcement

On October 26, 2018, the Bureau of customer Financial Protection issued a general public statement announcing that it promises to issue proposed guidelines in January 2019 reconsidering its Payday, car Title, and Certain High-Cost Installment Loans rulemaking. This reconsideration recommends a change when you look at the Bureau’s attitude towards short-term financing, and loan providers […]

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