Brand Brand Brand Brand New Rules To Ban Payday Lending ‘Debt Traps’

Brand Brand Brand Brand New Rules To Ban Payday Lending ‘Debt Traps’

Payday loan provider ACE money Express is observed on San Mateo Boulevard in Albuquerque, N.M. High-interest financing techniques are now being targeted by brand brand new regulations that are federal.

The buyer Financial Protection Bureau on Thursday is proposing regulations that are new protect customers from predatory financing methods that the CFPB’s top regulator calls “debt traps.”

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