payday loans san diego

December 4, 2020

Federal regulators prepare cash advance guidelines to guard borrowers

Federal regulators prepare cash advance guidelines to guard borrowers Troubled by consumer complaints and loopholes in state guidelines, federal regulators are assembling the first-ever guidelines on payday advances targeted at assisting cash-strapped borrowers avoid dropping right into a period of high-rate debt. The customer Financial Protection Bureau claims state regulations regulating the $46 billion lending…

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