The proposed guidelines would additionally cap how many times customers usually takes away successive pay day loans.

The proposed guidelines would additionally cap how many times customers usually takes away successive pay day loans. During summer of 2016, the buyer Financial Protection Bureau proposed brand new guidelines that will shake up the industry and possibly lessen the chance of borrowers becoming caught in a period of financial obligation. The proposed guidelines would …

The proposed guidelines would additionally cap how many times customers usually takes away successive pay day loans. Read More »