ICYMI: A Summary of this CFPB’s Payday Lending Rule

ICYMI: A Summary of this CFPB’s Payday Lending Rule

Pleased Friday, Compliance Friends! Final fall, certainly one of my peers posted a web log in regards to the PAL exemption under the CFPB’s Payday Lending Rule. To recharge your memory, the CFPB issued one last rule at the beginning of October 2017. This guideline is supposed to place a end from what the Bureau coined since, “payday debt traps”, but as written does, influence some credit unions’ items. Today’s weblog provides a level that is high of what is within the CFPB’s Payday Lending Rule. (더 보기…)

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