Friday, 30 September 2016

Bipartisan Group of Lawmakers Urges CFPB to Ease Up on Payday Rule

A bipartisan group of House lawmakers sent a letter to the Consumer Financial Protection Bureau on Thursday expressing concern about the agency's proposal to rein in payday lending and other short-term credit, warning it could hamper credit availability.

source http://www.americanbanker.com/news/law-regulation/bipartisan-group-of-lawmakers-urges-cfpb-to-ease-up-on-payday-rule-1091704-1.html

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