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CFPB Cash Advance Rulemaking is Imminent and can Target Repeated Borrowing

CFPB Cash Advance Rulemaking is Imminent and can Target Repeated Borrowing The CFPB has marshaled information against what it views being a suffered usage problem by cash advance borrowers and it is –≤–ā—öin the belated stages–≤–ā—ú of drafting guidelines to restrict cash advance borrowing, in accordance with Director Cordray–≤–ā‚ĄĘs remarks prepared for today–≤–ā‚ĄĘs field hearing. It seems that within the future that i ...

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