A birthday celebration wish when it comes to CFPB: Strong cash advance defenses

A birthday celebration wish when it comes to CFPB: Strong cash advance defenses Pay day loans often trap customers in a period of financial obligation because of lump sum payment payments, high percentage that is annual (APR), and small consideration of whether borrowers are able to repay their loans. To fight this, the CFPB is developing brand new guidelines for…

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