Regulators eliminate pay day loan defenses. Loan providers exploit bank laws to charge interest that is triple-digit

Regulators eliminate pay day loan defenses. Loan providers exploit bank laws to charge interest that is triple-digit

Loan providers exploit bank laws to charge triple-digit rates of interest

When upon amount of time in Washington, Congress enacted the Dodd-Frank Wall Street Reform Act that can developed the customer Financial Protection Bureau (CFPB). A federal agency ended up being charged to function as customers’ “financial cop from the beat. Pokračování textu Regulators eliminate pay day loan defenses. Loan providers exploit bank laws to charge interest that is triple-digit