Just just What else needs to be done to protect customers from predatory lending?
Ross D. Franklin / AP
On Thursday, the customer Financial Protection Bureau circulated a proposition because of its guideline that may control payday lenders at a federal degree for the first-time. “Too numerous borrowers looking for a short-term money fix are saddled with loans they can’t manage and sink into long-lasting debt, ” stated the Bureau’s manager, Richard Cordray. “The damage done to customers by these company models has to be addressed. Read More