WFHB Bloomington Community Radio
The Consumer Financial Protection Bureau is trying to delay implementing its own rules, which would grant recipients of payday loans greater protections. The CFPB is looking to push the compliance date of the new rules back to August, 2019. The rules would require lenders to assess a borrower’s ability to repay their loan and still meet their financial obligations. It …
Read More »CFPB Falters on Payday Lending Regulations
