CFPB Proposes to Relax Cash Advance Regulation

CFPB Proposes to Relax Cash Advance Regulation Customer advocates sound concern about “debt traps.” Different ways to borrow cash. The buyer Financial Protection Bureau today proposed rolling right right back the provision that is key of Obama-era financing guideline built to protect individuals using short-term, high-interest loans, also referred to as small-dollar or payday advances.[…]