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What’s a loan that is payday. The agency gutted its very own payday guideline that required lenders to first see whether a consumer could afford to repay the loan that is high-cost

This reversal that is regulatory a economic opt to payday and car title loan providers, and specific injury to customers who’re just a couple of hundred bucks short due to their expenses that are monthly. The agency created to protect consumers gave a green light to predatory lenders to continue to prey upon the nation’s […]